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SAP HCM Payroll Process - BAsic Concepts.

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SAP HCM Payroll Process - BAsic Concepts.

  2. 2. INTRODUCTION • Human capital Management (HCM) is a methodology to employee staffing that sees individuals as stakes (human capital) whose current worth could be measured and whose future quality might be upgraded through investment. • A company that backs HCM furnishes employees with well defined and consistently communicated performance expectations. Supervisors are in charge of rating, compensating, and considering workers responsible for accomplishing particular business objectives. • SAP HCM deals with employee records in organizations.
  3. 3. • The records furnish administrators with the information they need to make decisions that are based on data. • HCM programming streamlines and computerizes a large portion of the normal record-keeping techniques and gives framework for HR staff to manage benefits administration and payroll, create map out succession planning and document such things as personnel actions and compliance with industry and/or government regulations. • Payroll comprises of diverse stages which happen one after the other. This is controlled by payroll ranges and payroll control records. • In this presentation, the SAP Support Consultant from ArchitectSAP Solutions will clarify the high level steps for the payroll execution transform in SAP HR HCM.
  4. 4. PAYROLL ORGANIZATION Some basic settings must be made in Customizing to be able to run payroll in the SAP HR HCM System. •A period parameter and a date modifier are given to every payroll region. The period parameter figures out if payroll is run month to month, quarterly, week by week or for a few weeks. •Payroll periods must be produced for each combination of period parameters and date modifiers allocated to a payroll territory. •Date modifier interfaces the extra date types with a payroll schedule. •Control record must be made for each payroll zone. This control record controls the individual phases of payroll. •A control record must be made in Customizing for every payroll zone before it might be used.
  5. 5. PAYROLL PROCESS Precautions:- At the point when payroll is run, master data and time data changes are not permitted. Also payroll should not be run amid master data maintenance. This can be controlled by payroll control record. Phases:- Phases available during Payroll process are:- •Release Payroll •Check Result •Corrections
  6. 6. PHASES • If the function Release Payroll is selected from the menu, it locks the personnel number attached to payroll area under consideration. Thus, it will not allow any changes to info types for this personnel number. Though changes that affect future are still permitted. This function must be executed before starting payroll. • On the off chance that Check Result is chosen, it doesn't permit you to begin payroll for the payroll territory concerned. Thusly, you can check the payroll result, as no one can change the payroll result. • In case the Corrections is chosen, lock on master data and time data records for the chosen payroll region are discharged. You can roll out improvements in infotypes for personnel numbers having selected payroll area.
  7. 7. CONCLUSION In SAP Payroll, functions provide the high-level logic for payroll calculations. Functions perform general processing – such as calculating payroll taxes on a given set of wages, reading wagetypes from specific infotypes, calculating benefits premiums, and storing the results of the payroll calculation. There are dozens of functions in SAP payroll, some are country-specific and others are not. For More Information, Please visit:- http://www.architectsap.com/blog/sap-ecc/sap-hcm-payroll-proc