What is non-recurring payments in SAP PA-PF - Pension Schemes?

SAP Term: non-recurring payments

• Component: PA-PF

• Component Name: Pension Schemes

• Description: Non-recurring payments are outgoing payments from individual amounts as part of the Swiss solution for pension funds. The following non-recurring payments exist: Labor mobility benefits after leaving the company, equity payments during retirement, property advances, advances for divorce, withholding tax, etc.

Smart SAP Assistant

• Key Concepts: 
  Non-recurring payments are a type of payment made in the SAP Pension Schemes component (PA-PF) that are not part of a regular payment schedule. These payments are typically one-time payments made for special circumstances, such as a bonus or a lump sum payment. 
  
  How to use it: 
  In the SAP Pension Schemes component, non-recurring payments can be created and managed. To create a non-recurring payment, go to the “Payment” tab in the Pension Schemes component and select “Create Non-Recurring Payment”. From there, you can enter the details of the payment, such as the amount, date, and recipient. 
  
  Tips & Tricks: 
  When creating a non-recurring payment, make sure to double check all of the details before submitting it. This will help ensure that the payment is processed correctly and on time. Additionally, it is important to keep track of all non-recurring payments in order to ensure that they are accounted for properly. 
  
  Related Information: 
  For more information on non-recurring payments in SAP Pension Schemes, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_Pension_Schemes/7.50/en-US