We want to valuate a wage type named “Holiday Payment – Plant” using the following formula:
(Basic Pay + Dearness Allowance )/30 per day.
Basic pay and Dearness allowances will be maintained in Infotype 0008 (Basic Pay).
We can use indirect valuation of wage type using module “UNITS” (Module Variant “B”).
This can be created in the configuration view V_T539J (as given below):
In the above configuration, 100/30 = 3.33 (which is entered as Weight column), since we
want to add Basic & Dearness allowance and this total is to be divided by 30 as per our
Wage Type Properties of Wage type “9000” defined in Table: V_T511 as given below
(specify the indirect valuation module “UNITS” with variant “B”) :
Input Wage types in IT0008 (Basic Pay):
8000 – Basic Pay Value: 16,800 (INR)
8001 – Dearness Allowance Value: 16,884 (INR).
Output Wage type 9000 (Holiday Payment – Plant) is maintained in IT0015. When we enter the
“Number/Unit” as 15 Days, the output will be as follows:
(Basic Pay + Dearness Allowance)/30 = (16,800 + 16,884)/30
= 33,684/ 30
Per Day Rate = 1122.8
For 15 Days = 1122.8 x 15 = 16,842.00
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here is not a real data. The images used are purely to demonstrate the concept
in a better way to the forum users.