What is cost accounting split in SAP PY - Payroll?

SAP Term: cost accounting split

• Component: PY

• Component Name: Payroll

• Description: A reference from a wage type in table RT Results Table to information on wage types for which the payroll runs using a cost center that is not the employee's usual cost center. &EXAMPLE& You pay your employee a bonus. The payroll runs for this bonus payment using a cost center that is not the cost center for the employee's basic salary. The wage type for bonus accounting, which is included in table RT, is therefore provided with a C1 split. It refers to information on the bonus payment in table C1 Cost Assignment From Various Infotypes.

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• Key Concepts: 
  Cost accounting split is a feature of the SAP Payroll (PY) component that allows you to divide payroll costs into different cost centers or cost objects. This feature allows you to track and analyze payroll costs more accurately and efficiently. 
  
  How to use it: 
  To use the cost accounting split feature, you must first set up the cost centers or cost objects in the system. Once this is done, you can assign each employee to a specific cost center or cost object. When processing payroll, the system will automatically split the payroll costs into the appropriate cost centers or cost objects. 
  
  Tips & Tricks: 
  When setting up the cost centers or cost objects, make sure to use meaningful names that will help you easily identify them later on. Additionally, it is important to ensure that all employees are assigned to the correct cost center or cost object in order for the system to accurately split the payroll costs. 
  
  Related Information: 
  For more information on setting up and using the cost accounting split feature in SAP Payroll, please refer to the official SAP documentation.