A warm welcome to the SAP HCM Payroll course by Uplatz.
SAP HCM Payroll is one of the key modules within the SAP Human Capital Management software suite. It is used to calculate the remuneration for each employee with respect to the work performed by him. SAP Payroll not only consists of remuneration part but also includes other benefits that any organization has to provide for the employee welfare according to different company laws in the country.
As a SAP HCM payroll consultant you will help support the SAP solutions that ensure that smooth employee payment. It is absolutely vital that this customer is at the forefront of payroll legislation and implements all enhancements on or ahead of time. For employees working in HR, the knowledge of SAP HR’s payroll functionality is critical. Companies can’t function without paying employees and the payroll process must run on time and accurately. Learn how to make corrections and post final results to accounting.
SAP HR software contains payroll management, administration, and processing. Payroll is one of the important mechanisms in SAP HR unit and is used to route payroll of workers in an organization. SAP Payroll organization also computes the gross pay and the net pay. It contains of costs for each worker and deductions made during a payroll period. Payroll accounting is the calculation of sum for work done by each employee. More precisely, payroll accounting encompasses a number of work processes including the group of payroll results and remuneration statements, bank transfers, and check payments. Payroll accounting also includes a number of following activities such as transfer of payroll results to accounting, various evaluations, such as evaluating the payroll account.
Payroll control record is used to route the payroll process in HR system. Payroll Control record is used to lock the master data through the payroll run and thus lock the changes during payroll processing. Payroll is a process to calculate the salary and wages of permanent and temporary employees of an organization. Payroll calculation studies an employee’s attendance, bonus, overtime, tax rules and other data to produce the pay slip of that worker. Payroll can be run daily, weekly, bi-weekly, monthly reliant on the salary sequences of the association.
The SAP HCM Payroll enables companies to effectively manage information about the people in their organization. It is integrated with other SAP modules and external systems. From the Organization Management perspective, companies can model a business hierarchy, the relationships of employees to various business units and the reporting structure among employees.
This SAP HCM Payroll course by Uplatz teaches the basic functionality, configurations, and management of SAP HR payroll module.
This course ensures that the candidate has the required understanding within this consultant profile of the HCM (Payroll) solution, and can implement this knowledge practically in projects.
After successful completion of this course you will be able to:
•Introduction to Payroll
•Post payroll to accounting module
•Learn how to run a payroll process
•Understand the functions of Payroll Areas, Schemas, InfoType
•Process Payroll simulations and corrections