Hypertext: Object Class - Class to which a document belongs.
Document Name
PAY_IN_CAR_650
Use
In this activity, maintain the Car perk calculation rate constant (CRPRK) of Payroll Constants table view (V_T511K). In this constant, you maintain the rate of perquisite for the second and third cars in case of Company Owned Car Scheme (COCS).
Requirements
Standard settings
The value of this constant till 31.03.2005 is 10%. As per budget changes 2005, the value of the constant the employees were not required to pay perquisite on the cars. Hence the value of this constant was changed to zero.
After budget 2009, the value of the constant is again set to 10%.