What is integrated daily wage in SAP PY - Payroll?

SAP Term: integrated daily wage

• Component: PY

• Component Name: Payroll

• Description: The base salary for calculating IMSS and INFONAVIT contributions.

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• Key Concepts: 
  Integrated daily wage is a feature of the SAP Payroll (PY) component that allows for the calculation of wages on a daily basis. This feature allows for the calculation of wages based on the number of days worked, rather than a fixed monthly salary. It also allows for the calculation of overtime wages, bonuses, and other wage components. 
  
  How to use it: 
  To use integrated daily wage, you must first set up the wage types in the payroll configuration. This includes setting up the wage types for regular wages, overtime wages, bonuses, and other wage components. Once this is done, you can then enter the number of days worked and the wage types into the payroll system. The system will then calculate the wages based on these inputs. 
  
  Tips & Tricks: 
  When setting up integrated daily wage, it is important to ensure that all wage types are correctly configured. This will ensure that all wages are calculated accurately and that no errors occur during payroll processing. Additionally, it is important to ensure that all employees are correctly assigned to their respective wage types. 
  
  Related Information: 
  Integrated daily wage is just one of many features available in SAP Payroll (PY). Other features include time management, personnel administration, and payroll accounting. Additionally, there are many other SAP components that can be used in conjunction with PY Payroll to provide a comprehensive payroll solution.