Expense Information Infotype
(0881)
This infotype stores expense information about employees and their dependents. During the annual year-end tax adjustment (YEA), the Korean government needs to know the expense information in detail.
· The following reports read the expense information to generate the legally required YEA forms:
¡ Report of Income Exemption & Deduction of Year-End Adjustment report (HKRYEAD0) for generating form HR_KR_YEAD##, where ## indicates the year of the YEA calculation.
¡ Payment Receipt of Withholding Income Tax report (HKRCYEA0) for generating form HR_KR_YEAR##, where ## indicates the year of the YEA calculation.
· During the YEA payroll calculation, the Payroll Driver–Korea report (HKRCALC0) reads the expense information from this infotype to recalculate the tax amount of the employees.
The monthly payroll calculation process does not use the expense information in this infotype.
This infotype inclues the following subtypes:
· Insurance
· Education
· Credit Card
· Cash
When you create or change the records of the Insurance subtype, you can mark the insurance type of each person by selecting or deselecting Handicap.
When you create or change the records in the Education subtype, you need to specify the education level of the employee and each dependent.
· You have filled out the information in the Family Member/Dependents infotype (0021). You can add records for dependents by choosing Insert expense information.
· After you save information in this infotype, when you display or change the records in the Year End Adjustment Data infotype (0542), the system calculates the sum of each expense subtype and updates the corresponding fields.
· Before you run the Payroll Driver report (HKRCALC0) for YEA payroll calculation, you must fill out this infotype.