Rounding off taxable amount to Uper Limit

[former_member259844]

Hi Experts,

,

Requirement-- Rounding Up Taxable amount to Higher Limit where system calculating lower Limits:--Total income tax and Education Cess= 1421+43=1464,but system deducts 1460,shortage of 4 rupees.

How to rectify this,please suggest.

Thanks and Regards.

[former_member140346]

Hi Babu,

Please note that the rounding behaviour of tax is determined by the constant TAXRO in the view V_T511K.  You should NOT change this constant AFTER you've run the payroll for the financial year and the value should remain the same throughout the financial year.  Please check the documentation of the constant in the view V_T511K through the transaction SM30/31.  You can also get more information from the following links:

Tax Rounding in Payroll Driver - ERP Human Capital Management - SCN Wiki

Best Regards,

Aman

[Former Member]

Hi Babu,

Check the Constant in the table V_T511K, for the constant TAXRO what is the value you maintain ? you have to maintain 1 as value for round-off.

And check the below document you get some idea.

[former_member259844]

Hi Praneeth,

Thanks for your response,

Requirment is If amount is  betwwen 10 to 20,system should read uper limit that is 20 ,

In T511k, already i have checked 'TAXRO' value is 1.

So suggest me ,if i there is amount between 10 to 20, system should read 20(uper limit),

If i maintain 'TAXRO' -value is 2 will it work??

Thanks and regads,

Babu

[Former Member]

Hi Babu,

Read the below blog and use the return value as per your rule.

The "How" and the "Why" of rounding-off Tax wag... | SCN