What is sub-plan in SAP PY-JP - Japan?

SAP Term: sub-plan

• Component: PY-JP

• Component Name: Japan

• Description: A multiple-benefits program offered to a participant in a defined benefits pension plan or employee's pension fund plan. A sub-plan has a unique target group of participants, benefits payment method, or method for collection or payment of benefits.

Smart SAP Assistant

• Key Concepts: 
  Sub-plan is a feature of the PY-JP Japan component of SAP software. It allows users to create multiple payroll plans within a single payroll plan. This allows for more flexibility in managing payrolls, as different plans can be created for different types of employees or different pay periods. 
  
  How to use it: 
  To use the sub-plan feature, users must first create a payroll plan in the PY-JP Japan component. Once the plan is created, users can then create sub-plans within the main plan. Each sub-plan can have its own set of rules and parameters, allowing for more customization and control over payrolls. 
  
  Tips & Tricks: 
  When creating sub-plans, it is important to ensure that all rules and parameters are properly configured. This will help ensure that payrolls are calculated accurately and efficiently. Additionally, it is important to keep track of all sub-plans and their associated rules and parameters, as this will help ensure that payrolls are managed correctly. 
  
  Related Information: 
  For more information on the PY-JP Japan component of SAP software, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use the sub-plan feature of the PY-JP Japan component.