Topic 49: Cumulation classes & Evaluation class

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Called /101 WAGE TYPE

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EXAMPLE

Total Gross

If there is an X in this column, flag the wage type to cumulate into cumulation class 01 in table V_512W_D. This indicates that the wage type is to be cumulated into Total Gross.

EPF/EPN Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 11 in table V_512W_D. This indicates that the wage type is to be cumulated for inclusion in EPF (Employee Provident Fund) calculations.

ESI Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 12 in table V_512W_D. This indicates that the wage type is to be cumulated for inclusion in the ESI (Employee State Insurance) calculations.

ESI Basis Nominal

If there is an X in this column, flag the wage type to cumulate into cumulation class 13 in table V_512W_D. This indicates that the wage type is to be cumulated as inclusion in the ESI (Employee State Insurance) calculations.

HRA Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 14 in table V_512W_D. This indicates that the wage type is to be cumulated for 13th month basic pay.

COA/CLS Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 15 in table V_512W_D. This indicates that the wage type is to be cumulated for 13th month total pay.

Gratuity Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 16 in table V_512W_D. This indicates that the wage type is to be cumulated for inclusion in taxable gross for further tax calculations.

Superannuation Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 17 in table V_512W_D. This indicates that the wage type is a regular payment and to be cumulated for inclusion in taxable gross for further tax calculations.

Professional Tax Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 18 in table V_512W_D. This indicates that the wage type to be included in the calculation of the employee’s Pag-IBIG/ HDMF contribution.

Professional Tax Basis Nominal

If there is an X in this column, flag the wage type to cumulate into cumulation class 19 in table V_512W_D. This indicates that the wage type is to be included in the calculation of the employee’s social security contribution.

Monthly Regular

If there is an X in this column, flag the wage type to cumulate into cumulation class 24 in table V_512W_D. This indicates that the wage type is to be cumulated into Total Gross.

Monthly Irregular

If there is an X in this column, flag the wage type to cumulate into cumulation class 25 in table V_512W_D. This indicates that the wage type is to be cumulated for inclusion in 13th months and Bonus payroll runs. This cumulation is used to limit the tax free component – any taxable component will be automatically stored in /302. Limit is stored in V_T511K – PH13B

Annual Perk

If there is an X in this column, flag the wage type to cumulate into cumulation class 27 in table V_512W_D. This indicates that the wage type is to be cumulated into Total Gorss, excluding Allowances.

Leave Encashment Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 28 in table V_512W_D. This indicates that the wage type is to be cumulated as non taxable compensation.

Voluntary Retirement Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 29 in table V_512W_D. This indicates that the wage type is to be cumulated for 13th month basic pay.

Exemption U/S 10

If there is an X in this column, flag the wage type to cumulate into cumulation class 30 in table V_512W_D. This indicates that the wage type is to be cumulated for 13th month total pay.

Annual Non Perk Amount

If there is an X in this column, flag the wage type to cumulate into cumulation class 34 in table V_512W_D. This indicates that the wage type is to be cumulated for inclusion in taxable gross for further tax calculations.

1DSD Basis Actual

If there is an X in this column, flag the wage type to cumulate into cumulation class 37 in table V_512W_D. This indicates that the wage type is a regular payment and to be cumulated for inclusion in taxable gross for further tax calculations.

Form 217 2(A) Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 38 in table V_512W_D. This indicates that the wage type to be included in the calculation of the employee’s Pag-IBIG/ HDMF contribution.

VPF Basis

If there is an X in this column, flag the wage type to cumulate into cumulation class 39 in table V_512W_D. This indicates that the wage type to be included in the calculation of the employee’s Pag-IBIG/ HDMF contribution.

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Lets see the out in PAYROLL

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