What is account assignment type in SAP PY - Payroll?

SAP Term: account assignment type

• Component: PY

• Component Name: Payroll

• Description: Controls the transfer of information from the payroll result to Accounting A number of wage types, which the system should post to a certain account, are assigned to a symbolic account in Customizing. The symbolic account is assigned to an account in Financial Accounting. The account assignment type of the symbolic account determines: The type of posting for example, posting to expense accounts, debit posting, credit posting and the process that the system uses in table T030 Standard Account Table to search for the assigned account in Accounting Which information the system should transfer to Accounting and from which table in the payroll result this information should be taken &EXAMPLE& For posting to expense accounts account assignment type C, the system checks in the payroll result whether additional account assignment information is available in tables C0 Cost Distribution and C1 Cost Assignment from Different Infotypes.

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• Key Concepts: 
  Account assignment type is a feature in SAP Payroll (PY) that allows you to assign a specific account to a particular payroll item. This helps you to track and manage the payroll items more effectively. It also helps you to ensure that the correct accounts are used for each payroll item. 
  
  How to use it: 
  To use account assignment type, you first need to define the account assignment type in the system. This can be done by going to the ‘Account Assignment Type’ tab in the PY Payroll configuration. Once the account assignment type is defined, you can assign it to a particular payroll item. This can be done by going to the ‘Payroll Item’ tab in the PY Payroll configuration and selecting the appropriate account assignment type for the payroll item. 
  
  Tips & Tricks: 
  It is important to ensure that the correct account assignment type is assigned to each payroll item. This will help you to track and manage your payroll items more effectively. Additionally, it is important to keep track of any changes made to the account assignment type as this could affect how your payroll items are processed. 
  
  Related Information: 
  For more information on how to use account assignment type in SAP Payroll, please refer to the SAP Help documentation or contact your local SAP support team.