Definition
Employee HDMF information consists of data used by the payroll program to calculate Pag-IBIG contributions paid by the employer and the employee in each payroll period. The data is entered and stored in the HDMF Philippines infotype (0423).
Use
For Pag-IBIG contributions to be calculated by the payroll program, you must enter data for each employee in the HDMF Philippines infotype.
Employees who do not have a record in the HDMF Philippines infotype are rejected during the payroll run.
For new employees, you can create records in the HDMF Philippines infotype through a hiring action. If your employees' HDMF details change, you can create new HDMF records in master data by delimiting the old records and entering a new validity period for the new records.
Structure
The HDMF Philippines infotype enables you to store:
Integration
Before you maintain records in the HDMF Philippines infotype, you must configure the Home Development Mutual Fund section of Customizing for Payroll Philippines.
If changes are made to the HDMF Philippines infotype after payroll has been processed and exited, the system automatically triggers a retroactive run for the period for which the data was changed. Differences calculated during the retroactive run are then reported in the subsequent payroll period.
See also:
Creating Employee HDMF Information Delimiting / Correcting HDMF Information