Do you have any question about this SAP term?
Component: PY
Component Name: Payroll
Description: Summary of administrative functions in for a payroll area. The payroll control record performs the following tasks: It defines the current payroll period and payroll past for retroactive accounting recognition. It locks the master and time data against changes during the payroll run. The lock applies for the payroll past and payroll present. However, changes that affect the future are still possible. is locked whilst changes relevant for payroll are made in the master or time data. The payroll control record defines the greatest earliest retroactive accounting period. It also records the payroll status.
Key Concepts: A payroll control record is a document used in SAP Payroll to store information about an employee’s payroll run. It contains details such as the employee’s name, the payroll period, the amount of wages paid, and any deductions or taxes that were taken out. The payroll control record is used to track and monitor the payroll process. How to use it: The payroll control record is created when a payroll run is initiated. It is then updated with the relevant information as the payroll run progresses. The payroll control record can be accessed from the Payroll Control Center in SAP Payroll. It can also be viewed in the Payroll Log, which shows all of the payroll runs that have been completed. Tips & Tricks: It is important to keep track of the payroll control records for each employee. This will help ensure that all of the necessary information is included in each payroll run and that any discrepancies are quickly identified and corrected. Related Information: The payroll control record is closely related to other documents in SAP Payroll such as the wage type master, wage type table, and wage type structure. These documents are used to define how wages are calculated and how deductions and taxes are applied.