Hypertext: Object Class - Class to which a document belongs.
Document Name
PAY_AR_TX_022
Use
Run this activity to define how your company, in a final or annual settlement, compensates the employee unpaid tax for the previous year.
Requirements
Standard settings
Activities
Define period for tax compensation: You can specify the periods in which the system has to compensate the income tax that was not deducted last year. In the standard implementation, the system compensates it directly in the annual or final settlement (compensation option LIRCO equals 0).
If you want the system to compensate the tax that was not deducted together with limit surplus in the months prior to the final settlement (normally in January or February), modify the configuration option value LIRCO to 1.
Define income compensation limit: You can specify if the system has to use the employee net remuneration as a limit in the compensation period, when compensating the tax that has not been deducted. The system does not specify it in the standard implementation (configuration option LIRNT equal 0). If you want the system to use the net remuneration as a limit, you have to change the configuration option LIRNT to 1.
Define net remuneration cumulation for compensation limit: You can define which wage types the system cumulates in the employee net remuneration. Indicate TAX in the Partial application. This activity is only relevant if your company uses the net remuneration as a limit for the compensation.