What is time wage type in SAP PT - Personnel Time Management?

SAP Term: time wage type

• Component: PT

• Component Name: Personnel Time Management

• Description: Remuneration specification for bonuses, such as overtime or night-time bonus, as well as for employees paid by the hour. These primary wage types are selected in time evaluation or when processing time data in payroll. They are used in payroll to determine gross pay. &EXAMPLE& An employee works three hours of overtime. The system uses using time wage type selection to select the Overtime 25% wage type for the employee.

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• Key Concepts: 
  Time wage type is a feature of SAP Personnel Time Management (PT) that allows you to define wage types for different types of time-based activities. This includes activities such as overtime, shift work, and vacation time. The wage type is used to calculate the wages for each activity and is used to determine the total wages for an employee. 
  
  How to use it: 
  Time wage types are created in the SAP system and can be assigned to different activities. When an employee performs an activity, the wage type associated with that activity is used to calculate the wages for that activity. The total wages for an employee are then calculated by summing up all of the wages associated with each activity. 
  
  Tips & Tricks: 
  When creating a time wage type, it is important to ensure that the wage type is correctly assigned to the appropriate activity. This will ensure that the correct wages are calculated for each activity. Additionally, it is important to ensure that all of the wage types are up-to-date and accurate in order to ensure accurate calculations. 
  
  Related Information: 
  For more information on time wage types, please refer to SAP's documentation on Personnel Time Management (PT). Additionally, there are many online resources available that provide detailed information on how to use and configure time wage types in SAP.