What is 'average value calculation rule' in SAP PY - Payroll?

average value calculation rule - Overview

• Component: PY

• Component Name: Payroll

• Description: Rule for valuating time-dependent wage types for example, absences, Christmas bonuses, and vacation allowances using averages.

average value calculation rule - Details

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  Key Concepts: 
  Average value calculation rule is a feature of SAP Payroll (PY) that allows users to calculate the average value of a wage type over a certain period of time. This is useful for calculating wages for employees who have worked different hours in different periods. 
  
  How to use it: 
  To use the average value calculation rule, users must first define the wage type and the period for which the average value should be calculated. Then, they must enter the wage type values for each period in the system. Finally, they can use the average value calculation rule to calculate the average wage type value for the specified period. 
  
  Tips & Tricks: 
  When using the average value calculation rule, it is important to ensure that all wage type values are entered correctly in order to get accurate results. Additionally, users should be aware that this feature only works with wage types that are defined as “average” in SAP Payroll. 
  
  Related Information: 
  For more information on how to use the average value calculation rule in SAP Payroll, please refer to SAP’s official documentation on this topic. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.