Provident Fund Thailand infotype (0366) 

Definition

This infotype stores the information required to calculate an employee's provident fund contributions during a payroll run. The data for an employee includes:

·        Provident fund number

·        Type of contribution rate, whether Company or Personal rate

·        Employee and employer contribution rates

Use

This infotype is used to create an employee's provident fund contribution details. During payroll, the infotype is read for information and provident fund contributions processed for an employee. If an employee has no provident fund infotype record, it is assumed that the employee is not contributing to the provident fund.