What is conservatory garnishment in SAP PY-NL - The Netherlands?

SAP Term: conservatory garnishment

• Component: PY-NL

• Component Name: The Netherlands

• Description: The conservatory garnishment applies when there is not yet a court judgement. The employer, therefore, does not pay the garnishment amount to the bailiff. The payment is withheld until the court has reached a judgement.

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• Key Concepts: 
  Conservatory garnishment is a process used in The Netherlands to collect outstanding debts from employees. It is a form of wage garnishment, where a portion of an employee’s wages are withheld and sent directly to the creditor. This process is regulated by the Dutch government and is managed by the payroll department of the employer. 
  
  How to use it: 
  In SAP, conservatory garnishment is managed through the PY-NL The Netherlands component. This component allows employers to set up and manage garnishment orders for their employees. Employers can also view and manage the garnishment orders that have been issued to their employees. 
  
  Tips & Tricks: 
  When setting up a conservatory garnishment order in SAP, it is important to ensure that all of the necessary information is entered correctly. This includes the amount of the garnishment, the creditor’s name, and any other relevant information. It is also important to ensure that the employee’s wages are calculated correctly so that the correct amount is withheld from their paycheck. 
  
  Related Information: 
  For more information on conservatory garnishment in The Netherlands, please refer to the Dutch government website (https://www.rijksoverheid.nl/onderwerpen/garnishee-en-conservatoir-beslag). Additionally, for more information on how to set up and manage conservatory garnishment orders in SAP, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/PY_NL/).