Today we adjusted the income tax inconsistencies in the FEB-08 Payroll Run with the Legacy Payroll Income Tax details.
For eg:
Total Tax for 3 months(JAN-FEB-MAR) is 12000 then, Oracle Payroll spilts it in 3 equals Parts of 4K each.
if Feb tax is 4000 and Mar is 4000 in ERP system and
if Feb tax is 4050 and Mar is 3950 in Legacy Payroll system then
we need to balance the Adjustment element created for (edu_cess or IT etc) on the last date of the previous payroll period (here 31-Jan-2008) with the difference of the addition of the 2 Payroll Systems
adjust 50 Rs in cess adjustment element on 31-jan-2008
and run the quickpay for that employee for FEB-08
firstly delete the quickpay or payroll run and then do the above steps
in this way INcome tax mismatch can be adjusted
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