Hi Experts,
I have 3 years experience in PA,OM and Time(Positive & Negative). Now im planning to learn payroll(India) and i have already started going through help.sap.com India Payroll guide. I am able to understand the various components in the Payroll, but however i find it difficult to understand the wage type valuation. Would really appreciate your guidance in the below points,
1. Suppose my client wants me to create wages such as Basic, DA, CPI and Conveyance, What are all the configurations that has to be made if i wanna create a customer wage type?
2. What is the use of Cumulation, valuation and processing classes?
3. Do we need to modify the PCR and schema in case we need to create any wage types?
Any guidance to the above points is highly appreciated.
Thanks in advance..
Regards,
Parth