【精选】03-PHF and Social Insurance.ppt

Chapter 2: Public Housing Fund and Social Insurance PHF/SI Master Data PHF/SI Payroll Function and Wage Type PHF/SI Customizing PHF/SI Report PHF/SI: Unit Objectives At the end of this chapter you should be able to: Maintain PHF and SI Master Data Do configuration according to different area requirement Understand average monthly salary processing Describe and check wage types and processing class Describe PHF/SI function and check function result through payroll log Run PHF/SI report PHF/SI: Business Scenario Company calculate Social Insurance and Public Housing Fund paid by company and employee in payroll system, the contribution of employee is automatically deducted from monthly net payment and taxable income Due to the area salary difference, Social Insurance and Public Housing Fund contribution of employee and employer should follow different provinces and cities government rule PHF/SI: Overview Contribute monthly by employee and employer General formula: Contribution amount = contribution base * contribution rate Contribution amount is adjusted annually Employee contribution is auto-deducted from monthly payment and taxable income PHF and SI Master Data Employee PHF/SI information is used by payroll system to calculate the employee contribution Infotype 530 -- Public Housing Fund Infotype 532 -- Social Insurance Infotype 530 - Public Housing Fund Infotype 532 – Social Insurance Payment of Social Insurance Types Payment of Social Insurance Types are defined in Personal Subarea level Insurance Type: 0001 Pension Insurance 0002 Unemployment Insurance 0003 Medical Care Insurance 0004 On-job Injure Insurance 0005 Maternity Insurance Payment Indicator: which social insurance type employees are obliged to contribute. IMG Path: Payroll China Master Data Social Insurance Maintain Contribution Area Area to which the employee is assigned for calculating the contribution to the Public Housing Fund or to Social Insurance. Switc