What is factoring? Which PCR take care of Factoring?
Answers were Sorted based on User's Feedback
Answer / chennakesavareddy
Factoring is nothing but reduction, which is used to pay for
1) unpaid abseces,
2)Basic pay change in a payroll period.
3) If EE joins in mid of the month
4) If EE gets terminated
The PCR's for factoring are triggered "XPPF, XPP0, XPP1,
XPPP, XVAL.
| Is This Answer Correct ? | 38 Yes | 0 No |
Answer / sudha
hello dear.
factoring is something whn you want to pay ur employee
exactly according to the number of hours he worked,if ur
company pays u on the number of days u work then it will
calculate accordingly..the pcr for factoring is x010 and
the processing class is 10.
example-lets say in ypur campany they pay u on day
wise.that is they consider 22working days in a month on an
average.ur salary is rs10,000/- in the month of january.but
in 15th of january u came to know that ur salary has been
increased to rs.15,000/-.so in that case the pcr x010 will
do factoring and u will get rs.4545.4545 for 1st 10days and
rs.8181 for the rest 12days.accoringly if u r getting
payment on horly basic u can calculate taking an average
working hrs per month.(may be 176 or so)
regards
sudha
| Is This Answer Correct ? | 7 Yes | 13 No |
. What are primary and secondary wage types? What does /559 stand for?
What is work center?
wer u will get ticket and how many ticket did u solve solve that tiket
What is a wage type? What are its characteristics?
Define break schedules?
hello hi all of u. i got one scenario from client to write pcrs and schemas in sap hr system. please if anybody knows please send me the information with screenshots to my email id:subrahmanyam.saphr@gmail.com
wt is the difference between the payroll posting in india and us.If any difference is there or not in posting?
Integration between personnel administration & om?
explain the percentage approved
You want to group employees for their allowances in payroll. How would you do that?
List the steps you would take to transfer employee's salary from hr to fi?
What is a Payroll Driver?
SAP Basis (1262)
SAP ABAP (3939)
SAPScript (236)
SAP SD (Sales & Distribution) (2717)
SAP MM (Material Management) (912)
SAP QM (Quality Management) (99)
SAP PP (Production Planning) (523)
SAP PM (Plant Maintenance) (252)
SAP PS (Project Systems) (138)
SAP FI-CO (Financial Accounting & Controlling) (2766)
SAP HR (Human Resource Management) (1180)
SAP CRM (Customer Relationship Management) (432)
SAP SRM (Supplier Relationship Management) (132)
SAP APO (Advanced Planner Optimizer) (92)
SAP BW (Business Warehouse) (896)
SAP Business Workflow (72)
SAP Security (597)
SAP Interfaces (74)
SAP Netweaver (282)
SAP ALE IDocs (163)
SAP Business One (110)
SAP BO BOBJ (Business Objects) (388)
SAP CPS (Central Process Scheduling) (14)
SAP GTS (Global Trade Services) (21)
SAP Hybris (132)
SAP HANA (700)
SAP PI (Process Integration) (113)
SAP PO (Process Orchestration) (25)
SAP BI (Business Intelligence) (174)
SAP BPC (Business Planning and Consolidation) (38)
SAP BODS (Business Objects Data Services) (49)
SAP BODI (Business Objects Data Integrator) (26)
SAP Ariba (9)
SAP Fiori (45)
SAP EWM (Extended Warehouse Management) (58)
Sap R/3 (150)
SAP FSCM Financial Supply Chain Management (101)
SAP WM (Warehouse Management) (31)
SAP GRC (Governance Risk and Compliance) (64)
SAP MDM (Master Data Management) (0)
SAP MRS (Multi Resource Scheduling) (0)
SAP ESS MSS (Employee Manager Self Service) (13)
SAP CS (Customer Service) (0)
SAP TRM (Treasury and Risk Management) (0)
SAP Web Dynpro ABAP (198)
SAP IBP (Integrated Business Planning) (0)
SAP OO-ABAP (Object Oriented ABAP) (70)
SAP S/4 HANA Finance (Simple Finance) (143)
SAP FS-CD (Collections and Disbursements) (0)
SAP PLM (Product Lifecycle Management) (0)
SAP SuccessFactors (33)
SAP Vistex (0)
SAP ISR (IS Retail) (28)
SAP IdM (Identity Management) (0)
SAP IM (Investment Management) (0)
SAP UI5 (59)
SAP SCM (Supply Chain Management) (51)
SAP XI (Exchange Infrastructure) (49)
SAP Cloud Platform (34)
SAP Testing (89)
SAP SolMan (Solution Manager) (63)
SAP MaxDB (116)
SAP GUI (15)
SAP AllOther (329)