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Powerpoint Templates Page 1 SAP HR UK PAYROLL ONLINE TRAINING/CORPORATE TRAINING Online | Classroom | Corporate |Training | Certifications | Classroom.

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Presentation on theme: "Powerpoint Templates Page 1 SAP HR UK PAYROLL ONLINE TRAINING/CORPORATE TRAINING Online | Classroom | Corporate |Training | Certifications | Classroom."— Presentation transcript:

1 Powerpoint Templates Page 1 SAP HR UK PAYROLL ONLINE TRAINING/CORPORATE TRAINING Online | Classroom | Corporate |Training | Certifications | Classroom | Support Contact us: Call:+91-9052666559, +1-6786933994, +1-6786933475 Mail: info@magnifictraining.com Visit: www.magnifictraining.com

2 Powerpoint Templates Page 2 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING Content:  SAP Over view  Structures & Organizational Management  Recruitment  Personnel Administration  Time Management  Payroll  Personnel Development  Training & Event Management www.magnifictraining.com

3 Powerpoint Templates Page 3 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING Introduction:  In SAP HR, payroll determines the remuneration, tax amounts and insurance amounts, etc. of employee(s) for a particular period. A payroll run consists of several items.  One item displays the results of a payroll run for a particular wage type. The payroll account facilities checking employment tax deductions and must be kept by the employer at the place of work for each calendar year.  The payroll account constitutes the most important document on wages and salaries. Apart from personal data on each employee, it must also include the cumulated gross payroll amount and the net amount for every payroll period. www.magnifictraining.com

4 Powerpoint Templates Page 4 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING About Payroll: Payroll processing in UK has become more complex, time consuming with high administration overheads as organizations strive to ensure compliance with ever changing statutory requirements, drive cost optimization and align to dynamic business environments. It is therefore essential that your payroll operations are integrated, centralized, compliant to UK statutory requirements, and backed by robust technology. At the same time, ensuring that your payroll functions are low on cost and maintenance, helps you run lean and efficient payroll. www.magnifictraining.com

5 Powerpoint Templates Page 5 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING Absent Types: Absence Types are used to indicate periods during an employee's planned work time in which the employee is not working for the organization, either on-premises or off-site. Actions: In the standard system, different types of employee data are stored in individual infotypes. Rather than accessing each infotype individually and entering data into them, the system can group together the most important infotypes into personnel actions and lead the user through processing employee data. www.magnifictraining.com

6 Powerpoint Templates Page 6 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING Employee Infotypes: SAP provides the ability to capture employee data by use of infotypes. The SAP definition of infotypes is a screen, containing a logical grouping of related employee data. There are over 300 different infotypes that can be used to record employee information. www.magnifictraining.com

7 Powerpoint Templates Page 7 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING Earning Statement: SAP has a three-step process to produce checks and direct deposits for earnings. The first step is to run the Pre-Program DME (Data Medium Exchange). The University can then extract a catalog of payment data from the employee’s payroll results, especially from table BT (Bank Table results), which contains payment information. The payment data that is extracted is used by the payment medium programs in Financial Accounting (FI) to create the payment mediums. www.magnifictraining.com

8 Powerpoint Templates Page 8 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING Insurance Plans: SAP Definition: The Benefits Module within SAP provides the functionality to administer Insurance Plans. Within the Benefits Module, different types of insurance plans are defined. Plans with automatic enrollment are established. The options that are available within each plan are defined as well as maximum and minimum coverage amounts, salary factors, and rounding rules. www.magnifictraining.com

9 Powerpoint Templates Page 9 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING Savings Bonds: SAP savings bond function allows the University to process the purchase of U.S. savings bonds for employees. Deductions are taken from an employee’s check until the accrued deduction amount is equal to or exceeds the purchase price of the bond. At that point, a bond purchase is triggered. SAP keeps track of three wage types in payroll for the savings bond purchase process: deduction amount, number of bonds purchased and the remaining balance. The savings bond purchase function does not support retroactive payroll as deductions can not be refunded once a bond is purchased. www.magnifictraining.com

10 Powerpoint Templates Page 10 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING Employee Services: Employees can view their personal details and salary statements on the self service portal. Employees can also avail helpdesk services to address their payroll queries. Other Services: Apart from the core service of payroll processing we provide you end to end managed services including salary statement printing and distribution, interfacing with BACS for direct deposits and payments and interfacing with HRMC. www.magnifictraining.com

11 Powerpoint Templates Page 11 SAP HR UK PAYROLL ONLINE /CORPORATE TRAINING Benefits: Offering you state-of-the-art technology, we alleviate the complexities of your payroll operations in the UK, while ensuring minimum risk. Leveraging our services, you also stand to gain from:  Cost reduction  Payroll accuracy  Enhanced employee satisfaction  Reduced compliance risk  Business agility www.magnifictraining.com


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