Factoring Sap Payroll

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 for 1) unpaid absences, 2)Basic pay change in a payroll period. 3) If EE joins in mid of the month 4) If EE gets terminated The PCR's for factoring are triggered "XPPF, XPP0, XPP1, XPPP, XVAL.

Dynamic action: Lock Indicator:

Rehire:

Seperation:

Pay Grade Mapping to Expense Type:

Pay Grade Mapping with Time sheet Type

Dynamic Action Create IT0019 with Sub Type 01.

SAP HCM Integration with Finance

Wage Types linked to “Symbolic Accounts” “symbolic Accounts” are linked to “GL Accounts” 1) Define Employee Grouping Account Determination

2) Define Symbolic Accounts

AATyp

3) Define Positing Characteristics of wage type:

4) Maintain Posting Date for Payroll Periods

5) Create Posting Variants

6) Assign Accounts Assign Balance Sheet Accounts

Assign Expense Accounts

Assign Technical accounts

Assign Vendor Accounts Assign Customer Accounts