What is CN Employer Regulatory Compliance in SAP AP-XPY - HCM Payroll?

SAP Term: CN Employer Regulatory Compliance

• Component: AP-XPY

• Component Name: HCM Payroll

• Description: The combination of all reporting and other administrative activities that employer in China, with respect to employees, are obliged to perform.

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• Key Concepts: 
  CN Employer Regulatory Compliance is a component of the SAP HCM Payroll module. It helps employers in China to comply with local labor laws and regulations. It provides features such as automatic calculation of taxes, social security contributions, and other deductions. It also provides tools for managing employee data and tracking employee benefits. 
  
  How to use it: 
  To use CN Employer Regulatory Compliance, employers must first configure the system to their specific needs. This includes setting up the payroll structure, defining tax rates, and setting up employee benefits. Once the system is configured, employers can use it to manage employee data, calculate taxes and deductions, and track employee benefits. 
  
  Tips & Tricks: 
  When configuring CN Employer Regulatory Compliance, it is important to ensure that all settings are accurate and up-to-date. This will help ensure that employers are compliant with local labor laws and regulations. Additionally, employers should regularly review their settings to ensure that they remain compliant. 
  
  Related Information: 
  For more information about CN Employer Regulatory Compliance, please visit the SAP website or contact your local SAP representative. Additionally, there are many online resources available that provide detailed information about this component of the SAP HCM Payroll module.