What are the steps involve in Payroll process?
Answers were Sorted based on User's Feedback
Answer / chennakesavareddy
steps are in payroll process:
1)checks employee status.
2) checks basic data of an employee.
3) read previous results of current period.
4) import last payroll results.
5) checks payroll modifiers.
6) reads time data.
7) accumulate gross by reading IT0008, IT0014,IT0015 & IT2010
8) reduces the pre tax deductions from gross.
9) calculate taxes.
10) deduct arriors and from pre tax income.
11) calculate garnishments.
12) calculate retro accounting.
13) calculate net processing.
14) calculate month end accruals.
15) final processing.
Is This Answer Correct ? | 12 Yes | 1 No |
How do you identify the different info types of wage types? Can we will use the US payroll indirect evaluation modules in Indian payroll
What do you mean by special rule in factory calendar?
Is it compulsory to learn sap ABAP to learn SAP ABAP HR?
In your team one member is very shy and introvert, but technically very sound, how u handle him?
What is meant by authorization? Did u ever work on it?
what are the advantages & dis advantages of simple maintance in sap hr
please mail me if any one know configuration steps for positive time evaluation and study material, which urgent baisis, mail on it ckreddyg@yahoo.com
What is Hcm Master Data In Sap?
List the steps involved in the posting of payroll results to finance.
What is the use of the applicant actions infotype (4000)?
Define an infotype.
What are the characteristics of wages?