US Tax

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Here one Wage type Example of PC 67, 68, 69, 70 & 71

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IMG Path & Table: Maintain Gross Up Wage Types

Path: Payroll -> Payroll: USA -> Tax -> Tax-Related Wage Types -> Maintain gross up wage types
Table: V_512W_B


In this step you will create a wage type to be used for storing the grossed up value of a wage type. You will also link the new wage type to the grossed up wage type.

Maintain gross up wage types In this step you will create a wage type to be used for storing the grossed up value of a wage type. You will also link the new wage type to the grossed up wage type.

Example
Gross up wage types : 9991, 9993.
Statement wage types : 9992, 9994.

Requirements
This step must be executed for any 'gross up wage types' (wage types for which you have entered a value of 5 or 6 in processing class 68 in the previous step).

Wiki Recommendation: You only have to perfom this step if you have gross up wage types.

Activities
1. Create a new wage type (statement wage type) which will be used to store the grossed up value of the original wage type. You may copy the delivered entry M032.
2. Save the entry.
3. Repeat the step above once for each gross up wage type. If the values entered were those of our example above, you would create two entries (because there are two gross up wage types - 9991 and 9993) which would be named 9992 and 9994.
4. Select the first gross up wage type; 9991 in our example.
5. Enter the corresponding statement wage type in the statement wage type field. If you were following the example, you would enter 9992 in the statement wage type field for 9991.
6. Save the entry.
7. Repeat steps 4, 5, and 6 for any other gross up wage types. For this example you would repeat the steps once.


Further notes
You can also perform gross up calculations on non-cash benefits. To do this, use this step to define a 2nd derived wage type representing the cash portion (the calculated tax amount) of the gross up calculation result. This cash wage type can then be used in cumulations, such as /101 Total gross.

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Maintain non-cash income wage types
In this step you assign non-cash income attributes to payment wage types.

Standard settings: Taxes from tip income are calculated and stored separately from regular income, so that you can specify different deduction priorities and rules.

In retroactive calculation all non-cash income wage types are taxed according to the 'tax when earned' principle.

Recommendation: You only need to perform this step if you have non-cash income wage types.

Activities
Assign the appropriate processing class 84 specification to all of your non-cash income wage types.