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    Factoring Sap Payroll

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    vickywesucceed
    Factoring is a payroll process that calculates employee pay amounts for partial payroll periods, such as when an employee's pay rate changes mid-month or they join or leave the company mid-month. The process prorates pay to account for the exact number of days or hours worked at each pay rate. SAP HCM uses PCR programs like XPPF and XVAL to trigger factoring when needed to ensure accurate payroll calculation and payment. Factoring is also used to account for unpaid absences or other adjustments to an employee's basic pay within a payroll period.

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    Factoring Sap Payroll

    Uploaded by

    vickywesucceed
    2K views10 pages
    Factoring is a payroll process that calculates employee pay amounts for partial payroll periods, such as when an employee's pay rate changes mid-month or they join or leave the company mid-month. The process prorates pay to account for the exact number of days or hours worked at each pay rate. SAP HCM uses PCR programs like XPPF and XVAL to trigger factoring when needed to ensure accurate payroll calculation and payment. Factoring is also used to account for unpaid absences or other adjustments to an employee's basic pay within a payroll period.

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    Factoring Sap Payroll

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    Factoring is a payroll process that calculates employee pay amounts for partial payroll periods, such as when an employee's pay rate changes mid-month or they join or leave the company mid-month. The process prorates pay to account for the exact number of days or hours worked at each pay rate. SAP HCM uses PCR programs like XPPF and XVAL to trigger factoring when needed to ensure accurate payroll calculation and payment. Factoring is also used to account for unpaid absences or other adjustments to an employee's basic pay within a payroll period.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    2K views10 pages

    Factoring Sap Payroll

    Uploaded by

    vickywesucceed
    Factoring is a payroll process that calculates employee pay amounts for partial payroll periods, such as when an employee's pay rate changes mid-month or they join or leave the company mid-month. The process prorates pay to account for the exact number of days or hours worked at each pay rate. SAP HCM uses PCR programs like XPPF and XVAL to trigger factoring when needed to ensure accurate payroll calculation and payment. Factoring is also used to account for unpaid absences or other adjustments to an employee's basic pay within a payroll period.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    of 10

    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 - lets 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

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