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Component: SRD-HR-PAY
Component Name: HCM-Payroll Processing
Description: A unique alphanumeric identifier assigned to individuals and companies by the Income Tax Department in India for the purposes of recording their income tax.
Key Concepts: A permanent account number (PAN) is a unique identifier used by SAP to identify an employee in the payroll system. It is a 10-digit number that is assigned to each employee and remains unchanged throughout their employment. The PAN is used to track payroll information, such as salary, deductions, and benefits. How to use it: The PAN is used to identify an employee in the payroll system. It is used to track payroll information, such as salary, deductions, and benefits. The PAN can be found on the employee's pay stub or in the SAP system. It can also be used to access the employee's payroll information online. Tips & Tricks: It is important to keep the PAN secure and confidential. Employees should not share their PAN with anyone outside of the organization. Additionally, it is important to ensure that the PAN is updated when an employee changes their name or address. Related Information: The PAN is part of the SAP HCM-Payroll Processing component (SRD-HR-PAY). This component includes features such as payroll processing, time management, and personnel administration. It also includes features for managing employee data, such as salary information and deductions.
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