SAP Knowledge Base Article - Preview

1701980 - EPF Employer rate Legal Change in year 2012

Symptom

Information and important notes released relevant to the following criteria:

  • Employer rate increase from 12% to 13% on Employee Provident Fund for Employee
  • Employer rate increase from 5.5% to 6.5% on Employee Provident Fund for Retired or Senior citizen
  • Both the above criteria applies to monthly wages of maximum RM5000 effective January 2012

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Environment

  • Human Capital Management (HCM)
  • SAP ERP Core Component
  • SAP ERP
  • SAP enhancement package for SAP ERP
  • SAP enhancement package for SAP ERP, version for SAP HANA

Keywords


PC00_M14_CALC, Contribution, New rate, EPF Third Schedule, Function LEPF, Master data infotype 0196, Statutory, company or personal rate, Monthly or non-monthly payroll activities, IT0196 , KBA , PY-MY , Malaysia , PA-PA-MY , Malaysia , How To

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