Solution : https://service.sap.com/sap/support/notes/689549 (SAP Service marketplace login required)
Summary :
This SAP note updates the Singapore Payroll module due to legal changes mandated by the CPF Board, effective 1 January 2004. Adjustments include reduced CPF voluntary contribution limits ($23,760 down from $28,800) and a revised Additional Wage ceiling ($93,500). The note advises applying a patch and the corresponding Note 695904 to ensure accurate CPF calculations. If unable to apply the patch, downloaded attachments (SAPCAR files) like Note689549_46C.SAR for release 46C, detailed in Notes 480180 and 13719, are alternatives. This update also involves creating new wage types and payroll constants, with modifications in payroll rule RCF2 for correct functional integration.
Key words :
/3owsubwte/3owamt=qy/399addwtx/3owbefore applying, /301subwte/301amt=qy/302addwtx/301new version, /301subwte/301amt=qy/302addwtx/301 000040 3 amt=, /300subwte/300amt=qy/304addwtx/300 000030 2 amt=, long-term cpf contribution rate, prerequisites legal change announced, technical wage types '/3ow', technical wage type, voluntary cpf contributions, willattract cpf contributions
Related Notes :
| 742248 | AW limit in CPF processing for New Joiners |
| 695904 | PY-SG:Incorrect calculation of AW limit (after 01.01.2004) |
| 688337 | Changes to CPF contributions (HR-SG-PS) |
| 480180 | Download and installation of attachments for SAP notes |
| 13719 | Preliminary transports to customers (note for customers) |