GPES: Type in the IRPF Regularization (Formula TAX FM REG HIP OP1) in case of Keeping Mortgage Reduction and Reason 11 (Doc ID 3039885.1)

Last updated on AUGUST 09, 2024

Applies to:

Symptoms

As a Payroll Administrator when running payroll for 2024, the tax percentage is incorrectly calculated.
There is a typo in the formula TAX FM REG HIP OP1: It should be "VR[TAX VR RD HIPO INI] + 2/100" as everything points to the intention being adding a 2%.

Steps to replicate the issue:
1.Setup HCM > Product Related > Global Payroll & Absence Mgmnt > Elements > Supporting Element > Formulas
TAX FM REGULARZN
2. Home Mortgage is defined in Maintain Tax data ESP component: Global Payroll & Absence Mgmt > Payee Data > Taxes > Maintain Tax Data ESP: Check Home Mortgage Reduction
3. To check results you need to access IPRF Calculation Results ESP component: Global Payroll & Absence Mgmt > Absence and Payroll Processing > Review Absence/Payroll Info > IRPF Calculation Results ESP > IRPF Calculation Results ESP

Changes

This formula corresponds to the following pseudo-code that is active from February till May. (Note that as part of but 36789888 - TAX UPD 2024- CHANGES
OF TAX ALGORITHM DUE RDL 42024, we have modified the code to use the formula TAX FM REG HIP OP1)

Cause

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