What is estimated pay accruals in SAP PY-FI - Finland?

SAP Term: estimated pay accruals

• Component: PY-FI

• Component Name: Finland

• Description: Pertains to holiday payments that are accrued for a selected period. This value however, is not posted to accounting.

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• Key Concepts: 
  Estimated pay accruals are a feature of the SAP PY-FI Finland component. This feature allows employers to estimate the amount of pay that will be accrued for employees in a given period. This is done by taking into account the employee's salary, any bonuses or other payments, and any deductions that may be applicable. The estimated pay accrual is then used to calculate the employee's net pay. 
  
  How to use it: 
  To use the estimated pay accrual feature, employers must first enter the employee's salary and any bonuses or other payments into the system. The system will then calculate the estimated pay accrual based on this information. Employers can then use this information to calculate the employee's net pay. 
  
  Tips & Tricks: 
  When using the estimated pay accrual feature, employers should ensure that all relevant information is entered accurately. This will ensure that the estimated pay accrual is accurate and that the employee's net pay is calculated correctly. 
  
  Related Information: 
  The estimated pay accrual feature is part of the SAP PY-FI Finland component. Other features of this component include payroll processing, tax calculation, and reporting. Employers should familiarize themselves with all of these features in order to make full use of the SAP PY-FI Finland component.