Topic 51: Wage type Valuation

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Valuation basis

The valuation basis is used primarily to valuate time wage types. It defines how a wage type is valuated and is only used

1. if the wage type in question has not been completely valuated yet
2. if only the number field of the wage type contains an entry.

Configuration Needed @ V_512W_B

Similar Threads:

• Wage Type- Dependent Constant Valuation Bases
• Topic 51: Wage type Valuation

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Select the county code

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Look at WT 1205 is overtime wage type

And overtime will enter only hours in Master data

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Here the WT Valuation will takes place

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Use: In this field, you define how the current wage type (base wage type) should be valuated in payroll.

The following entries are possible:

·No entry:
No valuation using a valuation basis takes place.

·nn:
The valuation takes place with the secondary wage type /0nn.




If you enter 01 means the rate will take from WT /001

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If 02 means /002

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Lets see how the WT Valuation happen, first take 01 as example

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If you enter a wage type in the Statement Wage Type field, the valuation basis applies to this derived wage type.

Statement wage type
Statement wage types are used to allocate bonuses to a wage type under a different name in the payroll results.

Use: A wage type can be forwarded to and stored in payroll under a new name as a statement wage type. If you do not enter a statement wage type, the result is stored in the wage type itself.

In contrast to the actual wage type, you always have to enter a statement wage type for derived wage types.

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Percentage
The wage type is multiplied by the percentage you enter here.

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100% Full, other like 150%, 200%, 50%..

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Here the WT 1205 Over Time Base

Output comes like if you enter 10 Hours in Master Data so system will take 10*/001 of 100%

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Save the record

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Wage type should in NUM, configuration you already seen in previous classes, here the overview

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Here the place where we do WT characteristics, like is WT is AMOUNT/NUMBER

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Before we go for Master Data and Payroll Results, we will assign to other WT's with similar scenario

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Here WT is valuated 150 with /002 as Rate

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Here WT is valuated 200% with /002 as Rate

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Now we will see Results

First ENTER IN MASTER DATA

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Enter Over time hours @ IT2010

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Here the place where we enter NUMBER OF OT HOURS

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Lets see OT Hours are 10

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This is Start Data of the payment

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Lets see the output of WT1205 - OT Base

We done 01 with 100% in V_512W_B table

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From X010 & X013 Rates will come as seen in previous class (RATES OF PAY)

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Look at Output for rates /001 and /002

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So /001 = 48.39 & /002 = 3.75

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Check the Input from 2010

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Here we enter 10 hours in IT2010

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PCR: X015 used for Wage type valuation. No need to modify you can use SAP Standard PCR

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Here WT 1205

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And here the results

10*/001 = 10*48.39 = 483.90

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Lets See WT 1206 WHICH IS RATE /002 WITH 150%

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ENTER 10 HOURS @ IT2010

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10 Hours

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Now go to X015

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150% OF /002

3.75*150% = 5.63

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And 5.63 * 10 hours = 56.30

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Same WT1207 for 200% ON /002

3.75*200% = 7.50

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7.50*10 Hours = 75.00

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Now we will see other types of Valuation

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This is WT Valuation using Constant

Like WT 1210 Sunday Pre or Allowance if EE works so will pay Constant amount.

Like if EE worked 2 Days so from constant for one day is $150 so 2*150 = $300

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To call the Constants use K

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K:
The valuation takes place with the corresponding wage-type-dependent constant valuation basis from the T510J table (Constant Valuations).

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Here maintain the Constant Valuation

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Payroll Modifier
This modifier is used to preselect entries in a number of tables that are relevant to payroll accounting. Please note that it has no significance within the payroll run unless an appropriate value is set in the respective personnel calculation rule.

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Important because may be tomorrow rate may increase

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And WT Characteristics should be NUMBER with DAYS

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same first give inputs in Master Data, say at IT2010

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say one Sunday EE worked so 1 as NUMBER

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Important START DATE

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You can see the output: 1*$150 = $150

Payroll Log: You can refer other Topic: Payroll Processing

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Now other types using Pay scale type/ Area / Group / Level

·TS: The valuation takes place with a pay-scale-dependent constant valuation basis from the T510 table (Pay Scale Group) . Use this setting if you want to take account of the following criteria during the valuation of the wage type:

·Country Grouping
·Pay Scale Type
·Pay Scale Area
·Pay Scale Group
·Pay Scale Level
·Wage Type

The system only reads the entries in table T510 in which all corresponding fields are filled.


·TG: The valuation takes place, as with the TS setting, using a constant valuation basis dependent on pay scale from the T510 table. However, if you use this setting, the system does not take account of the pay scale level. The system reads only the entries in which all fields under TS apart from the Pay Scale Level field are filled from table T510.


·T: The valuation takes place, as with the TS setting, using a constant valuation basis dependent on pay scale from the T510 table. The system does not take account of pay scale level or the pay scale group with this setting. The system reads only the entries in the T510 table in which all the fields under the fields apart from the Pay Scale Level and Pay Scale Group fields are filled.

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Here you enter TS/ TG or T

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