Articles Tagged ‘Payroll processing’

Symphony Webinar: Tips and Tricks for Year-end Payroll: How to Be Proactive, Not Reactive

 

Join us for this free webinar and find out how to prepare for year-end payroll

Date: Wednesday, October 13, 2010
Time: 2:00PM – 3:00 PM EDT

Common year-end payroll mistakes can quickly multiply your headaches during an already busy time. To ensure a smooth year-end transition, this webinar will guide you through the steps to preparing for year-end payroll. Let Symphony – the SAP HCM experts – teach you key strategies to put into action to streamline the year-end payroll process and prepare for the upcoming year. Kathy Morris, a Senior Consultant at Symphony Management Consulting and former SAP “Year-end Tax Angel” will discuss best practices for year-end payroll and provide tips on:

·         How to get your system ready and perform configuration updates

·         Ways to approach YE processing to ensure success

·         What tools are available to assist with YE closing

·         How to create an annual project plan and check list

 

Space is limited.
Reserve your Webinar seat now at: https://www1.gotomeeting.com/register/784467408

 

 

Tags: ask the experts, Chemicals, Consumer Products, HCM, higher education, how to, k-12, Manufacturing, Payroll, Payroll processing, Payroll Webinar, Pharmaceuticals, Retail, sap, SAP HCM, SAP HCM Blog, sap hcm help, sap hcm news, SAP HR, state/local, symphony, Symphony Blog, Symphony Consulting, Symphony Consulting Blog, Symphony Management Consulting, Tips and Tricks, Utilities, Year-end Payroll Processing

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Advanced Vacation Payout

Question

Our Company is three weeks from go-live SAP HCM. We have a union rule that requires us to pay union members in advance for vacation. Many of them take five weeks all at once. We have a weekly payroll. It appears that the way to do this in SAP is to process each vacation request manually through each of the next 5 payrolls (for each employee requesting vacation). This is a huge pain for our payroll department in our legacy environment, and soon to be in SAP. Do you have any suggestions?

 

Answer

Step 1 - In Time Management, enter the Vacation hours for the five weeks, then run Time Evaluation for the five weeks.

Step 2 -  In Payroll, there is an Off-cycle/On-Demand Payroll run option, where it can be run for the next five pay periods for the employee, so their taxes, etc. , will be calculated and taken correctly. (On the actual production payroll for the next 5 pay periods, Payroll will know and exclude the employee from the Regular Production run).

 

An enhancement that may be explored post go-live would involve a custom solution utilizing a combination of forms, workflow, and custom programming to automate the entry part of the process.  The Time Evaluation and Off-cycle steps will already be a part of your new SAP Payroll procedure and not require any further adjustments. 

 

Either way, we recommend you move forward with go-live and only consider a custom solution after go-live and stabilization. Waiting until after you are stabilized will allow you to have a better understanding of your new system and help you to be better prepared when you begin to make adjustments or expand your HCM solution.

 

Tags: ask the experts, Custom Solution, Forms, Go-Live, HCM, HCM Implementation, how to, Implementation, Off-Cycle/On-Demand Payroll, Pay Period, Payroll, Payroll processing, sap, SAP HCM, SAP HCM Blog, sap hcm help, SAP HCM Tips & Tricks, SAP Payroll, symphony, Symphony Consulting, Symphony Consulting Blog, Time Evaluation, Time Management, Workflow

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Why HCM for your Organization

This session will provide an overview of SAP HCM and the reasons an organization may want to implement the functionality. This session will also outline the integration between HCM, implementation plans, accelerators available within standard SAP and considerations of what to implement first, second and third. We will delve into the various HCM sub-modules and how to attack a particular area as it relates to business processes, common issues and corporate objectives. The overview will go through high-level each of the individual HCM Modules and the functionality offered by SAP for an organization. The audience will understand the functionality and how to further evaluate if and when they would like to implement SAP HCM.

To read the white paper, click here: http://symphony-consulting.com/whitepapers.php

Tags: key performance indicators, organizational management, Organizational Structure, Payroll, Payroll processing, Return on Investment, Return on Investment SAP HCM, ROI

Posted in Tips and Tricks | No Comments »

Employee Tax Exemption

Question

How do I Exempt employees from certain taxes easily without doing a lot of reconfiguration?

Answer

Use infotype 0235 “Other Taxes” to exempt the employees from a certain taxes, for example a student might be exempt from Social Security and Medicare taxes, depending on the student’s visa and residency.

Tags: Configuration, how to, Infotype 235, Payroll processing, sap hcm help, SAP Tax Exempt Employees, taxes

Posted in Ask the Experts | No Comments »