SAP ABAP IMG Activity OHPSUS457002 (Maintain Payroll Constants for Section 457 Plans)
Hierarchy
SAP_HRCUS (Software Component) Sub component SAP_HRCUS of SAP_HR
   PY-US-PS (Application Component) Öffentlicher Dienst
     P10P1 (Package) HR Public Sector USA
IMG Activity
ID OHPSUS457002 Maintain Payroll Constants for Section 457 Plans  
Transaction Code S_KI4_55000310   (empty) 
Created on 20000309    
Customizing Attributes OHPSUS457002   Maintain Payroll Constants for Section 457 Plans 
Customizing Activity OHPSUS457002   Maintain Payroll Constants for Section 457 Plans 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name OHPSUS457002    

In this step, you maintain three payroll constants that correspond to the annual limits on employee contributions to savings plans established under Section 457 of the Internal Revenue Code.

This step consists of three activities. In the first activity, you review the percentage of the compensation that is used in calculation of the limit. In the second activity, you review the contribution limit for Section 457 plans at your organization. Finally, in the third activity, you review the catch-up contribution limit for these plans.

Example

Requirements

Standard settings

Recommendation

Activities

  1. Execute this step of the Implementation Guide.
  2. Select the first activity:
    • Maintain compensation percent. for limit calculation

  1. Review the current percentage for the limit calculation on Section 457 plans.
  2. If this percentage has changed, delimit the current entry, enter the percentage, then select Save.

  1. Select the second activity:
    • Maintain regular contribution limit

  1. Review the current contribution limit.
  2. If this limit has changed, delimit the current entry, enter the new contribution limit, then select Save.

  1. Select the third activity:
    • Maintain catch-up contribution limit

  1. Review the current catch-up contribution limit.
  2. If this limit has changed, delimit the current entry, enter the new combined contribution limit, then select Save.

Further notes

Business Attributes
ASAP Roadmap ID 203   Establish Master Data 
Mandatory / Optional 2   Optional activity 
Critical / Non-Critical 2   Non-critical 
Country-Dependency I   Valid for countries specified 
Customizing Attributes Country Key Country Name
OHPSUS457002 US USA
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG OHPSUS457002 0 I511000001 Öffentlicher Dienst 
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_457PE_AL0 V - View SM30 Maintain Compensation Percentage for Limit Calculation 
VV_511P_B_457KL_AL0 V - View SM30 Maintain Regular Contribution Limit 
VV_511P_B_457CL_AL0 V - View SM30 Maintain Catch-Up Contribution Limit 
History
Last changed by/on SAP  20050218 
SAP Release Created in