What is Santei in SAP PY-JP - Japan?

SAP Term: Santei

• Component: PY-JP

• Component Name: Japan

• Description: An annual process in to determine the new monthly standard compensation, which is fundamental to calculate employee's social insurance contribution. It is based on individual employee's payments entitled in April, May, and June. A Santei statement can be generated after the process. However, if the condition for Geppen calculation is met at the time for this process, Geppen process should be performed instead. Accordingly, the Geppen statement shall be generated.

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• Key Concepts: 
  Santei is a payroll component of the SAP ERP system used in Japan. It is used to calculate and manage employee salaries, deductions, and other payroll-related information. It is part of the PY-JP Japan component of the SAP ERP system. 
  
  How to use it: 
  Santei can be used to manage employee payroll information, including salary calculations, deductions, and other payroll-related information. It can also be used to generate reports on employee payroll information. 
  
  Tips & Tricks: 
  When using Santei, it is important to ensure that all employee payroll information is accurate and up-to-date. This will help ensure that employees are paid correctly and on time. Additionally, it is important to regularly review and update employee payroll information to ensure accuracy. 
  
  Related Information: 
  Santei is part of the PY-JP Japan component of the SAP ERP system. Other components of this system include HR-JP Japan, FI-JP Japan, and MM-JP Japan. Additionally, there are other payroll components available in other countries, such as PY-US USA for the United States.