What is salary statement in SAP PY - Payroll?

SAP Term: salary statement

• Component: PY

• Component Name: Payroll

• Description: Detailed list of amounts and information for employees per payroll period. This usually includes: Gross amount for example, payments Net amount for example, deductions Outgoing payment for example, transfers Additional information for example, organizational assignment, leave, notes to the employee Note only valid for English speakers: Customers often use the terms "pay slip" or "pay stub" to mean "salary statement". These terms are invalid synonyms in the SAP system.

Smart SAP Assistant

• Key Concepts: 
  A salary statement is a document generated by the SAP Payroll (PY) component that provides an overview of an employee's salary information. It includes details such as the employee's gross and net pay, deductions, and other relevant information. 
  
  How to use it: 
  The salary statement can be generated in SAP by navigating to the Payroll Information System (PIS) and selecting the “Salary Statement” option. The user can then enter the employee’s personnel number and select the period for which the statement should be generated. The statement will then be displayed on the screen or printed out for further review. 
  
  Tips & Tricks: 
  The salary statement can be customized to include additional information such as overtime pay, bonus payments, and other relevant details. This can be done by navigating to the “Customize” option in the PIS menu and selecting the desired fields. 
  
  Related Information: 
  The salary statement is closely related to other documents such as payslips, tax forms, and other payroll-related documents. It is important to ensure that all of these documents are accurate and up-to-date in order to avoid any discrepancies or errors.