Payroll is used to calculate the remuneration for work done for each employee. SAP Payroll delivers powerful and efficient gross-to-net, net-to-gross, regular and off-cycle payroll processing. SAP’s complex Payroll process handles everything including vacation policies, compensation programs, work schedules, Holidays, overtime pay etc.
Payroll accounting calculates the payment of work done by an employee. Payroll function does the following:
· Payroll area - groups employees based on the frequency of their paydates. eg. Z1 for salaried staff paid monthly.
Payroll Process involves:
SAP HR Payroll Overview
In a broad sense, payroll accounting is the calculation of remuneration for work performed by an employee. More specifically, payroll accounting consists of a variety of processes that are becoming increasingly important due to the employer’s increased obligation to supply benefits and medical welfare.
These benefits are products of:
The remuneration is calculated in the following steps:
1. Calculation of gross remuneration
2. Calculation of net remuneration
Gross and net pay comprises the individual payments and deductions which are calculated during a payroll accounting period, and are received by an employee. These payments and deductions are included in the calculation of pay by uniquely distinguishable wage types.
Payroll is predefined in the SAP HR system for many countries specifically
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