What is statement wage type in SAP PY-DE - Germany?

SAP Term: statement wage type

• Component: PY-DE

• Component Name: Germany

• Description: A wage type from Statements that is a cumulation wage type and contains the total of multiple Payroll wage types. Example Statement wage type Non-Recurring Payment EINM = Vacation Bonus M110 + Holiday Bonus M120 + Special Payment Based on Collective Agreement M130

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• Key Concepts: 
  Statement wage type is a wage type in the SAP system used to record the amount of wages paid to an employee in Germany. It is part of the PY-DE Germany component, which is a payroll system for German employees. The statement wage type is used to record the amount of wages paid to an employee, including any deductions or taxes that have been taken out. 
  
  How to use it: 
  The statement wage type can be used to record the amount of wages paid to an employee in Germany. This wage type can be found in the PY-DE Germany component of the SAP system. To use this wage type, enter the amount of wages paid to an employee, including any deductions or taxes that have been taken out. 
  
  Tips & Tricks: 
  When entering the amount of wages paid to an employee, make sure to include any deductions or taxes that have been taken out. This will ensure that the statement wage type accurately reflects the amount of wages paid to an employee. 
  
  Related Information: 
  The statement wage type is part of the PY-DE Germany component, which is a payroll system for German employees. For more information on this component, please refer to SAP’s official documentation.