What is 'net taxable income' in SAP PY-FR - France?

net taxable income - Overview

• Component: PY-FR

• Component Name: France

• Description: Also known as 'Revenu net fiscal' RNF, it is the income on which a tax payer is eligible to pay taxes after all sums that are non-taxable have been deducted.

net taxable income - Details

• 
  Key Concepts: 
  Net taxable income is a term used in the French payroll component of SAP. It is the total amount of income that is subject to taxation after deductions and exemptions have been taken into account. This amount is used to calculate the employee's tax liability. 
  
  How to use it: 
  In SAP, net taxable income is calculated by subtracting deductions and exemptions from the employee's gross income. This calculation can be done in the payroll component of SAP, PY-FR France. The deductions and exemptions that are taken into account include social security contributions, health insurance premiums, and other taxes. 
  
  Tips & Tricks: 
  It is important to ensure that all deductions and exemptions are taken into account when calculating net taxable income. This will ensure that the employee's tax liability is accurately calculated. 
  
  Related Information: 
  Net taxable income is an important concept in payroll processing and should be understood by all payroll personnel. Further information on this topic can be found in the SAP documentation for PY-FR France.