Download - Factoring Sap Payroll
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Factoring:
Factoring is when you want to pay your employee exactly according to the number of hours he worked, if your company pays u on the number of days u work then it will calculate accordingly. The processing class is 10.The Rule INP1and XVAL will process the Factoring activity in schema IN00 for payroll india
Example - let’s say in your company they pay you on day wise, that is, they consider 22 working days in a month on an average. Your salary is RS 10,000/- in the month of January. but in 15th of January you came to know that your salary has been increased to Rs.15,000/-.so in that case the PCR X010 will do factoring and u will get rs.4545.4545 for 1st 10 days and Rs.8181 for the rest 12 days. Accordingly if u r getting payment on hourly basic u can calculate taking an average working hrs per month.(may be 176 or so)
Factoring is reduction, which is used to pay for1) unpaid absences,2)Basic pay change in a payroll period.3) If EE joins in mid of the month4) If EE gets terminated
The PCR's for factoring are triggered "XPPF, XPP0, XPP1, XPPP, XVAL.
Dynamic action:Lock Indicator:
Rehire:
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Seperation:
Pay Grade Mapping to Expense Type:
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Pay Grade Mapping with Time sheet Type
Dynamic Action Create IT0019 with Sub Type 01.
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SAP HCM Integration with Finance
Wage Types linked to “Symbolic Accounts” “symbolic Accounts” are linked to “GL Accounts”
1) Define Employee Grouping Account Determination
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2) Define Symbolic Accounts
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AATyp
3) Define Positing Characteristics of wage type:
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4) Maintain Posting Date for Payroll Periods
5) Create Posting Variants
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6) Assign Accounts
Assign Balance Sheet Accounts
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Assign Expense Accounts
Assign Technical accounts
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Assign Vendor AccountsAssign Customer Accounts