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Component: PY-NL
Component Name: The Netherlands
Description: Hours for which an employee gets paid, according to the fiscal regulations. The hours are known in the Netherlands as 'verloonde uren'.
Key Concepts: Remunerated hours are a type of payment in the Netherlands that is based on the number of hours worked. This type of payment is used to calculate the wages of employees in the Netherlands. It is also known as “uurloon” in Dutch. How to use it: In SAP, remunerated hours are used to calculate the wages of employees in the Netherlands. The system will take into account the number of hours worked, as well as any additional payments such as overtime or bonuses. The system will then calculate the total amount due to the employee. Tips & Tricks: When setting up remunerated hours in SAP, it is important to ensure that all relevant information is entered correctly. This includes the number of hours worked, any additional payments, and any deductions that may be applicable. Related Information: Remunerated hours are a type of payment that is specific to the Netherlands. Other countries may have different types of payment systems, such as hourly wages or salary payments. It is important to understand the differences between these systems in order to ensure accurate payroll calculations.