Maintain Salary Limits for Bonus Computations as per POBA
Customizing Activity
PAY_IN_BON_300
Maintain Salary Limits for Bonus Computations as per POBA
Document
Document Class
SIMG
Hypertext: Object Class - Class to which a document belongs.
Document Name
PAY_IN_BON_300
Use
Use this IMG activity to maintain basis salary limits for bonus computations, as per the Payment of Bonus Act (POBA).
In the table view Payroll Constants (V_T511P), you can:
Maintain the employee eligibility limit for bonus using the Bonus Eligibility Limit Constant (BNELT). The employee is eligible to a bonus only when the basis salary of the employee is less than the amount maintained in this constant.
Specify a Basis amount for bonus computations using the Bonus-Computation Amount Constant (BNCAM) . If the basis salary of the employee is greater than the Bonus-Computation Amount Constant (BNCAM), and less than the value of the Bonus Eligibility Limit Constant (BNELT), then bonus computations will be performed using the value of the Bonus-Computation Amount Constant (BNCAM).
Maintain an upper limit for the total bonus paid in a year, as per the POBA. Use the Bonus-Maximum amount in a year Constant (BNMAX) to specify this upper limit.
Maintain a lower limit for the total bonus paid in a year, as per the POBA. Use the Bonus-Minimum amount in a year Constant (BNMIN) to specify this lower limit.
While computing employee bonus, the India specific Bonus calculation Report (HINCBON0), also refers to the values of the constants that you maintain in this table view Payroll Constants (V_T511P).
Hierarchy 
SAP_HRCIN (Software Component) Sub component SAP_HRCIN of SAP_HR
PY-IN (Application Component) India
P40C (Package) HR customizing: India
IMG Activity 
Document 
History 
