What is mobility allowance in SAP PY-BE - Belgium?

SAP Term: mobility allowance

• Component: PY-BE

• Component Name: Belgium

• Description: A cash payment that employees can receive in return for the right to have a company car. The amount of the cash payment depends on the list price of the company car that the employee had before he or she opted to the mobility allowance. Employees need to fulfill several conditions to be eligible for such an allowance. Employers have the choice to opt into this plan or not.

Smart SAP Assistant

• Key Concepts: 
  Mobility allowance is a type of compensation provided to employees in Belgium by their employers. It is a tax-free allowance that is paid to employees who are required to travel for work purposes. The amount of the allowance is determined by the employer and is based on the distance traveled and the mode of transport used. 
  
  How to use it: 
  In SAP, mobility allowance is managed through the PY-BE Belgium component. This component allows employers to set up and manage mobility allowances for their employees. Employers can define the amount of the allowance, as well as the criteria for eligibility. The allowance can be paid out on a monthly or annual basis. 
  
  Tips & Tricks: 
  When setting up mobility allowances in SAP, it is important to ensure that all relevant information is entered correctly. This includes the amount of the allowance, the criteria for eligibility, and any other relevant details. Additionally, employers should ensure that they are compliant with all applicable laws and regulations when setting up mobility allowances in SAP. 
  
  Related Information: 
  For more information about mobility allowances in Belgium, please refer to the Belgian Ministry of Finance website: https://finances.belgium.be/en/personal-income-tax/allowances/mobility-allowance