What is 'transfer grouping' in SAP PY-HK - Hong Kong, China?

transfer grouping - Overview

• Component: PY-HK

• Component Name: Hong Kong, China

• Description: Rules governing the employee transfer of participation in both contribution and entitlement plans.

transfer grouping - Details

• 
  Key Concepts: 
  Transfer grouping is a feature of the PY-HK Hong Kong, China component of SAP software. It allows users to group multiple payroll postings into one transfer posting. This helps to reduce the number of postings and simplify the payroll process. 
  
  How to use it: 
  To use transfer grouping, users must first set up the transfer grouping rules in the system. This includes defining the criteria for which postings should be grouped together. Once the rules are set up, users can then group multiple postings into one transfer posting. 
  
  Tips & Tricks: 
  When setting up transfer grouping rules, it is important to consider the criteria that will be used to group postings together. This will help ensure that all relevant postings are grouped together and that unnecessary postings are not included. 
  
  Related Information: 
  For more information on transfer grouping in PY-HK Hong Kong, China, please refer to the SAP Help documentation.