Hierarchy
SAP_HRCRU (Software Component) Sub component SAP_HRCRU of SAP_HR⤷
PY-RU (Application Component) Russia⤷
P33C (Package) HR Customizing: Russia
IMG Activity
| ID | OHARU_DL023 | Check Payroll Constants |
| Transaction Code | S_XC0_18000142 | (empty) |
| Created on | 20050819 | |
| Customizing Attributes | OHARU_DL023 | Check Payroll Constants |
| Customizing Activity | OHARU_DL023 | Check Payroll Constants |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | OHARU_DL023 |
Use
In most countries, the law stipulates that imputed income gained by an employee from a company loan is liable to tax. Imputed income arises because the interest rate on a company loan is lower than the market interest rate. The market interest rate is defined in law by the reference interest rate.
In accordance with the Russian legal requirements, the reference interest rate is defined as a part of the refinancing rate. For example, the reference interest rate can be 2/3 of the refinancing rate.
In this Customizing activity, you can adjust the constants required to calculate the reference interest rate in line with legal changes.
Imputed income from minimal loans is not generally liable for tax. The upper limit of what constitutes a minimal loan can also be changed in law. You can also check and adjust this limit in the last step of this Customizing activity.
Requirements
Standard settings
Activities
You can perform the following activities:
- Check and adjust the refinancing rate defined in the REFIN constant as required.
- Check and adjust the numerator part of the rate that you use to calculate the reference interest rate. This value is defined in the REFML constant.
- Check and adjust the denominator part of the rate that you use to calculate the reference interest rate. This value is defined in the REFDV constant.
- Check and adjust the value of the upper limit for minimal loan as defined by law.
Example
On January 1, 2012, the refinancing rate is defined as 8% by law. The reference interest rate for loan calculation must be calculated as 2/3 of the refinancing rate.
In this case, you define the following values for the constants in this Customizing activity as follows:
- REFIN = 8,00
- REFML = 2,00
- REFDV = 3,00
Based on these settings, the system calculates the reference interest rate as follows:
REFIN * REFML / REFDV = 8,00 * 2,00 / 3,00
Note
By default, the constants REFML and REFDV are delivered with the value "1,00". The system uses this value if there is no other value defined for the REFML and REFDV constants, and it is also used for the REFDV constant if its value is set to "0,00" or initial. This default setting ensures that the existing customization settings in the system are not affected.
See also
For more information, see the following documentation in the SAP Library:
- Payroll -> Deductions -> Loans -> Calculating Imputed Income (International)
- Payroll Russia -> Net -> Loan Processing (Russia-Specific Features)
Business Attributes
| ASAP Roadmap ID | 204 | Establish Functions and Processes |
| Mandatory / Optional | 1 | Mandatory activity |
| Critical / Non-Critical | 2 | Non-critical |
| Country-Dependency | I | Valid for countries specified |
| Customizing Attributes | Country Key | Country Name |
|---|---|---|
| OHARU_DL023 | RU | Russian Fed. |
Assigned Application Components
| Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
|---|---|---|---|---|
| SIMG | OHARU_DL023 | 0 | AC00000130 | Loans |
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 |
| VV_511K_B_REFIN_AL0 | V - View | SM30 | Adjust Refinancing Rate Payroll Constant (REFIN) | |||
| VV_511K_B_RU_REFML | V - View | SM30 | Adjust Numerator of Refinancing Rate for Loan (REFML) | |||
| VV_511K_B_RU_REFDV | V - View | SM30 | Adjust Denominator of Refinancing Rate for Loan (REFDV) | |||
| V_511P_B | V - View | SM30 | Adjust Amounts |
History
| Last changed by/on | SAP | 20120410 |
| SAP Release Created in | 600 |
