Profit Share Advance Payments Calculation (SAP Library - Payroll Accounting

Profit Share Advance Payments Calculation

Objective

The aim of this process is to calculate the profit share advance payments in accordance with the applicable legislation.

Process

This process is executed in off-cycle payroll runs using the VEPS2 function. In general, it consists of the following steps:

Using value in METH parameter, you determine the profit-share advance payments calculation method. Then:

If METH = PAID, the advance payment is calculated according to the income earned by the employee up to the current date.
If METH = ESTM, the advance payment is calculated according to an estimated amount of what the employee will earn for the year.

If the calculation is carried out on the basis of the earned income:

Search for the information required for the advance payment calculation external routine:

Profit share amount cumulated in the internal PS_EVAL table.

Basic standard pay.

Payroll period modifier (T549Q-PERMO).

If the calculation is carried out on the basis of the estimated salary:

Search for the information required for the advance payment calculation external routine:

Profit share amount cumulated in the internal PS_EVAL table.

Basic standard pay.

Payroll period modifier (T549Q-PERMO).

Read the VEPS1 feature and the T7VEPS table in order to determine the profit share percentage.
Call up the profit share calculation external routine.
Retrieve the results from the external routine execution.
Generate the wage type for the profit share advance payment (/710).