What is sending payroll in SAP PY-XX-GP - Payroll for Global Employees?

SAP Term: sending payroll

• Component: PY-XX-GP

• Component Name: Payroll for Global Employees

• Description: Payroll where the wage types, which are transferred to the receiving payroll, originate. Payroll for global employees is, as a rule, performed in two countries. A data exchange takes place between the two payrolls in the form of wage types. &EXAMPLE& Employees at your German company are usually seconded to your subsidiary company in the USA for three to five years. The remuneration of these global employees is calculated in the payroll department of your US company. Payment is also effected in the USA. The employees, however, still make social insurance contributions in Germany during the overseas assignment. These social insurance contributions are calculated in the German payroll department and transferred to the US payroll. There they are settled with the remuneration of the employee. The German payroll is in this case the sending payroll, the US payroll is the receiving payroll.

Smart SAP Assistant

• Key Concepts: 
  Sending payroll is the process of transferring payroll information from the payroll system to the employee’s bank account. The PY-XX-GP Payroll for Global Employees component of SAP is a comprehensive payroll solution that enables companies to manage their global payroll operations. It provides a single platform for managing payroll processes across multiple countries and currencies. 
  
  How to use it: 
  The PY-XX-GP Payroll for Global Employees component of SAP allows companies to easily send payroll information to their employees’ bank accounts. It provides a secure and efficient way to transfer payroll information, including salary, deductions, and other related information. The system also allows companies to track payments and ensure accuracy of the data. 
  
  Tips & Tricks: 
  When sending payroll information, it is important to ensure that all data is accurate and up-to-date. Companies should also ensure that the bank account details are correct before sending the information. Additionally, companies should ensure that they have sufficient funds in their accounts to cover the payments. 
  
  Related Information: 
  The PY-XX-GP Payroll for Global Employees component of SAP also provides additional features such as tax calculation, reporting, and compliance management. Companies can also use the system to manage employee benefits and deductions, as well as generate reports on payroll activities.