Hierarchy
SAP_HRCVE (Software Component) Sub component SAP_HRCVE of SAP_HR⤷
PY-VE (Application Component) Venezuela⤷
PC17 (Package) Payroll - Venezuela
Basic Data
| Data Element | PVE_PYTYP |
| Short Description | Profit Share Payment Type |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | CHAR1 | |
| Data Type | CHAR | Character String |
| Length | 1 | |
| Decimal Places | 0 | |
| Output Length | 1 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Payt Type |
| Medium | 15 | Payt Type |
| Long | 20 | Payt Type |
| Heading | 10 | Type |
Documentation
Definition
Indicator used to identify whether the profit share payment corresponds an advance or adjustment payment.
Examples
An advance is a portion of the profit share paid by the company to the employee during the financial year. For example, if the company offers 33% profit shares, paid in the middle and end of the year:
In June, the employee receives 33% of their total remuneration up until that date, or 16,5% of their estimated total remuneration for the tax year.
In December, the employee receives the amount corresponding to the remainder of the profit share.
If you perform the profit share calculation on estimated remuneration, the company makes a profit share adjustment at the start of the following tax year and, if necessary, pays the employee the corresponding adjusted amount.
History
| Last changed by/on | SAP | 20010222 |
| SAP Release Created in |
