Maintaining an Employee's Property Accumulation Savings
Basic contract information for the deduction of property accumulation savings is controlled by Infotype 0144 Property Accumulation Savings. The deduction of an employee ’ s property accumulation savings is calculated in the Payroll and SYOYO calculation, based on information that you enter.
The following subtypes of Infotype 0144 are defined:
The common property accumulations savings may have plural contracts in the same period, but other property accumulation savings may not. The classification of plural contracts is controlled by the corresponding indicator.
Use the number for the bank that handles the employee ’ s property accumulation savings deposit. If the bank number is not available, refer to the Implementation Guide (IMG) for savings contract bank number. Also refer to the IMG for bank definitions and enter the bank number according to the table. You cannot enter banks that are not stored in the FI system.
The property accumulation savings for the employee are created.
Adding an Employee’s Property Accumulation Saving for Housing