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www.magnifictraining.com - "Sap Great Britain Payroll" OnlineTrainingcontact us:info@magnifictraining.com or 1-6786933994, 1-6786933475, 919052666559, 919052666558 By Real Time Experts from Hyderabad, Bangalore,India,USA,Canada,UK, Australia,South Africa.
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Sap GreatBritain payrollonline Training Online | classroom| Corporate Training | certifications | placements| support • CONTACT US: • MAGNIFIC TRAINING • INDIA +91-9052666559,9052666558 • USA : +1-678-693-3475 info@magnifictraining.com www. magnifictraining.com
Sap GreatBritain payrollonline Training India Purpose The Payroll component for Great Britain enables you to process payroll for employees in Great Britain in accordance with statutory regulations. It provides all the necessary functions to: • Calculate employees' gross remuneration • Calculate employees' net remuneration, making all statutory • Print pay slips and make payments using whichever option you choose • Produce all forms required for end of year reporting • Submit end of year returns on magnetic media • Run a range of reports for internal purposes www. magnifictraining.com
Sap GreatBritain payrollonline Training Australia Implementation Considerations The Payroll component can be used together with third-party products. An interface allows you to efficiently transfer master data, time data, and payroll data to a third-party system. If you wish you can carry out gross payroll internally, and then transfer the data to a third-party system for net payroll. Similarly, you can import master data from a third-partysystem. www. magnifictraining.com
Sap Great Britain payroll online Training Canada Integration The Payroll component for Great Britain forms an integral part of the Human Resources component and is therefore closely linked with R/3 Time Management. It is also fully integrated with other R/3 modules, such as Financial Accounting and Controlling. www. magnifictraining.com
Sap Great Britain payroll online Training Malaysia Personal Data (Infotype 0002): National Features Great Definition In addition to the standard entry fields available on the Personal Data (infotype0002) screen, there is an additional field Nat.Ins.No. for Great Britain. Use The National Insurance number (NI number) is used by the Contributions Agency (CA) to uniquely identify an employee. It is also required in Payroll to facilitate legislative reporting. The National Insurance number entered in info type 002 will be set by default in the NI number field in the employee's National Insurance (info type 0069) record. It cannot be entered or changed in the National Insurance info type. www. magnifictraining.com
Sap Great Britain payroll online Training Mumbai Structure The Nat.Ins.No. field is available in the HR data group box. The National Insurance number is nine characters long, starting with alphacharacters, followed by 6 numeric characters, and ending with 1 alpha character. If an employee's National Insurance number is not known, you can use a temporary number until you receive the correct number. To do this, you can simply enter an * in the field and the system will generate a temporary number. This number has the form TNXXYYZZ% www. magnifictraining.com
Sap Great Britain payroll online Training Pune Contract Elements (Info type 0016): National Features Great Britain Definition Info type 16 contains additional fields for payroll functionality for Great Britain. These fields are required for the following purposes: Beneficial Loans Functionality The field Use alternative precise method (under the group heading Tax for beneficial loans) determines whether the average calculation method or precise calculation method is used to calculate the taxable benefit when an employee receives an interest-free or cheap loan (beneficial loan) from the employer. www. magnifictraining.com
Sap Great Britain payroll online Training South Africa Contract Elements (Info type 0016): Beneficial Loans Definition Info type 16 contains an additional field Use alternative precise method for the beneficial loans functionality for Great Britain. This field is under the group heading Tax for beneficial loans. Use When employees receive an interest-free or cheap loan (beneficial loan) from their employers, there can be a taxable benefit (also known as chargeable benefit). The field Use alternative precise method determines whether the average calculation method or precise calculation method is used to calculate the taxable benefit. www. magnifictraining.com