What is CGA magnetic file in SAP PY-PT - Portugal?

SAP Term: CGA magnetic file

• Component: PY-PT

• Component Name: Portugal

• Description: A report saved on disk, CD-ROM, or in an e-mail message in plain text that records employee data related to the functional situation and deductions for retirement and absences. Public sector organizations are required to submit this report to CGA institutions once a month.

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• Key Concepts: 
  CGA magnetic file is a file format used by the Portuguese Social Security Institute (INSS) to exchange information with employers. It is used to submit payroll information, such as employee salaries and deductions, to the INSS. The CGA magnetic file is an important part of the PY-PT Portugal component of SAP, which is used to manage payroll processes in Portugal. 
  
  How to use it: 
  The CGA magnetic file can be generated in SAP using the PY-PT Portugal component. To generate the file, you must first enter all relevant payroll information into the system. This includes employee salaries, deductions, and other relevant data. Once all of the data has been entered, you can generate the CGA magnetic file by selecting the “Generate CGA Magnetic File” option in the PY-PT Portugal component. 
  
  Tips & Tricks: 
  When generating a CGA magnetic file in SAP, it is important to double-check all of the data that has been entered into the system. This will ensure that all of the information is accurate and up-to-date before submitting it to the INSS. Additionally, it is important to keep a copy of the CGA magnetic file for your records in case you need to refer back to it in the future. 
  
  Related Information: 
  For more information on how to use the PY-PT Portugal component of SAP to generate a CGA magnetic file, please refer to SAP’s official documentation on the topic. Additionally, if you have any questions or need help with generating a CGA magnetic file in SAP, please contact your local SAP support team for assistance.