What is regular payments/deductions in SAP PY - Payroll?

SAP Term: regular payments/deductions

• Component: PY

• Component Name: Payroll

• Description: In accordance with German social insurance and tax law, regular payments are payments which can be assigned to their exact periods of origin. They include all types of payments which are effected on a regular basis, such as salaries, wages, pensions and overtime payments, for the customary remuneration periods, such as a week or month.

Smart SAP Assistant

• Key Concepts: 
  Regular payments/deductions are a feature of the SAP Payroll (PY) component. This feature allows for the automatic deduction of certain payments from an employee’s salary, such as taxes, insurance premiums, and other deductions. The deductions are calculated based on the employee’s salary and other factors such as their age, marital status, and number of dependents. 
  
  How to use it: 
  To use this feature, the user must first set up the deductions in the system. This includes entering the details of each deduction, such as the amount to be deducted and when it should be deducted. Once this is done, the system will automatically deduct the payments from the employee’s salary each month. 
  
  Tips & Tricks: 
  It is important to ensure that all deductions are set up correctly in order to avoid any errors or discrepancies in the payroll calculations. Additionally, it is important to keep track of any changes in the employee’s salary or deductions so that they can be updated in the system accordingly. 
  
  Related Information: 
  For more information on setting up regular payments/deductions in SAP Payroll (PY), please refer to SAP Help documentation or contact your local SAP support team.