
Profit Share Pro Rata Calculation
Objective
The aim of this process is to calculate the profit share pro rata for employees in accordance with the applicable legislation.
Process
This process is carried out using the VEPS function, which is applied to ordinary and adjustment payroll runs. The process normally consists of the following steps:
Result
The profit share pro rata corresponding to the employee is calculated using both the calculation base and the percentage, and the wage type (/712) is generated.
Finally, the internal results tables are maintained: IT and PS_EVAL.