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What is meant by wage type characteristics? Explain it by
taking the example of Basic Pay.
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Answer / madhuri
characteritics of wage type means overview of the wage type
how it is going to perform in payroll.
ex: Take basic, input combination means whether to take
amount directly or it should be derived from some where
specified by user.
Whether that wage type shoud be added or deducted.
how that wage type is valuated whether directly or
indirectly etc..
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / deepak
Wage type characteristcs specifies whether the wage type
- Validity period
- Operation Indicator
- Minimum or Maximum Wage type amount
- Whether it should be included in Basic pay total or not
- Default unit of time Measurement, minimum and maximum number
- Input combination for number and amount
- Indirect valuation and its characteristics
| Is This Answer Correct ? | 7 Yes | 3 No |
Characterstics:
1. To which employee subgroup grouping and which peronnel
subarea grouping in this wage type applicable.
2. Is this wage type Taxable and Non Taxable
3. what indirect evaluation module is used to calculate
amount.
4. Should this wage type be rounded.
5. What is the min. and max. amount for this wage type
6. Is this a payment wage type or calculation wage type
7. What are the units for the number.
| Is This Answer Correct ? | 5 Yes | 3 No |
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