SAP ABAP IMG Activity OHANZSUP004 (Define Superannuation Fund Details)
Hierarchy
SAP_HRCNZ (Software Component) Sub component SAP_HRCNZ of SAP_HR
   PY-NZ (Application Component) New Zealand
     P43C (Package) HR customizing: New Zealand
IMG Activity
ID OHANZSUP004 Define Superannuation Fund Details  
Transaction Code S_AHR_61007449   IMG-Aktivität: OHANZSUP004 
Created on 19981221    
Customizing Attributes OHANZSUP004   Define superannuation fund details 
Customizing Activity OHANZSUP004   Define superannuation fund details 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name OHANZSUP004    

In this step, you define how the fund code is to calculate the default superannuation contributions for both employer and employee. This includes setting up default percentages for the company and employee contributions, assigning the wage types for holding the contributions and superable earnings and defining the age at which superannuation contributions cease.

The default percentages you enter here will be used during superannuation processing if you have not defined a special contribution for the employee in the Superannuation infotype (310).

You assign wage types to the superannuation fund to hold values during superannuation processing:

  • The Superable Earnings (or 'Base Earnings') wage type contains the amount that the percentage calculation of superannuation is based on.
  • The Employee Deduction wage type contains the amount of the employee's own contribution to the fund.
  • The Company Contribution wage type contains the company's contribution to the fund.
  • The Company ESCT wage type contains the employer salary contribution tax to be paid on the company contribution.

Example

You want to set up a fund with a 3% company contribution for the employees. To do this, you create a superannuation fund and enter a Company default % of 3. You also enter the wage types you have previously set up for superable earnings, company contribution and company ESCT.

Requirements

You have defined the superable earnings wage type.

You have created the superannuation fund codes you require.

Standard settings

The standard system contains model superannuation funds that you can copy.

Recommendation

Activities

To define the details of your superannuation fund,

  1. Select a superannuation fund code and choose Goto -> Detail.
  2. Make the relevant entries for your fund and save your entries.

Further notes

Business Attributes
ASAP Roadmap ID 204   Establish Functions and Processes 
Mandatory / Optional 1   Mandatory activity 
Critical / Non-Critical 1   Critical 
Country-Dependency I   Valid for countries specified 
Customizing Attributes Country Key Country Name
OHANZSUP004 NZ New Zealand
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG OHANZSUP004 0 HLA0003863 Superannuation 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
V_T7NZSF V - View SM30 Generated table maintenance: V_T7NZSF 
History
Last changed by/on SAP  19990520 
SAP Release Created in