What is wage type statement in SAP PY - Payroll?

SAP Term: wage type statement

• Component: PY

• Component Name: Payroll

• Description: List giving an overview of wage types from the in-period view.

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• Key Concepts: 
  A wage type statement is a report generated in the SAP Payroll (PY) component that provides a detailed overview of an employee’s wages and deductions. It includes information such as the employee’s gross and net wages, taxes, deductions, and other wage-related information. 
  
  How to use it: 
  The wage type statement can be accessed in the SAP Payroll (PY) component by navigating to the “Reports” tab. From there, select “Wage Type Statement” and enter the employee’s personnel number. The report will then be generated with all of the relevant information. 
  
  Tips & Tricks: 
  The wage type statement can be customized to include additional information such as overtime hours, vacation days, and other wage-related data. To do this, navigate to the “Customize” tab in the SAP Payroll (PY) component and select “Wage Type Statement”. From there, you can add or remove fields as needed. 
  
  Related Information: 
  For more information on the wage type statement, please refer to the SAP Help Portal or contact your local SAP support team.