Hierarchy

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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,
- Select a superannuation fund code and choose Goto -> Detail.
- 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 |