What is Ippan insured in SAP PY-JP - Japan?

SAP Term: Ippan insured

• Component: PY-JP

• Component Name: Japan

• Description: The employment insurance of a person who meets the following conditions: The employee's employment period is one year or more The weekly planned working hours is 20 hours or more The employee has not reached the age of 65

Smart SAP Assistant

• Key Concepts: 
  Ippan insured is a type of insurance offered by the Japanese government to employees in Japan. It is a form of social insurance that provides protection against illness, injury, and death. It is funded by contributions from employers and employees. 
  
  How to use it: 
  In SAP PY-JP Japan, Ippan insured is used to calculate the amount of contributions that employers and employees must make to the Japanese government for this type of insurance. The system also calculates the benefits that employees are entitled to receive in the event of illness, injury, or death. 
  
  Tips & Tricks: 
  When setting up Ippan insured in SAP PY-JP Japan, it is important to ensure that all relevant information is entered correctly. This includes the employee’s name, date of birth, and other personal information. It is also important to ensure that the correct contribution rates are entered for both employers and employees. 
  
  Related Information: 
  For more information about Ippan insured in SAP PY-JP Japan, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide detailed information about this type of insurance in Japan.