What is hand-over agency in SAP PY-AT - Austria?

SAP Term: hand-over agency

• Component: PY-AT

• Component Name: Austria

• Description: Insurers and other paying bodies of the federation that are not responsible for the taxation of pensioners. These bodies transfer the reference data wage tax data of pensioners to the body responsible responsible for general taxation.

Smart SAP Assistant

• Key Concepts: 
  Hand-over agency is a feature of the PY-AT Austria component of SAP software. It allows employers to transfer employee payroll data from one payroll provider to another. This feature is especially useful when an employer changes payroll providers or when an employee changes jobs and needs to transfer their payroll data. 
  
  How to use it: 
  To use the hand-over agency feature, employers must first enter the employee’s payroll data into the SAP system. This includes information such as salary, deductions, and other relevant information. Once this is done, the employer can then transfer the data to the new payroll provider using the hand-over agency feature. 
  
  Tips & Tricks: 
  When transferring employee payroll data using the hand-over agency feature, it is important to ensure that all of the necessary information is included in the transfer. This includes salary, deductions, and any other relevant information that may be required by the new payroll provider. 
  
  Related Information: 
  The hand-over agency feature is part of the PY-AT Austria component of SAP software. Other components of SAP software include HR, FI, and CO. Each component has its own set of features and functions that can be used to manage different aspects of a business.