Retirement Allowance Payroll

Use

This section describes the activities that you must carry out when you perform the retirement allowance payroll.

The retirement allowance payroll consists of the following steps:

  1. Payroll run
  2. Creation of employee remuneration statements
  3. Actual remuneration by bank transfer

Once these steps have been performed, the retirement allowance payroll is complete.

 

Features

Simulating the Retirement Allowance Payroll

The system allows you to simulate the retirement allowance payroll run for test purposes. This allows you to determine whether master data has been maintained correctly for employees for whom you must perform the retirement allowance payroll. You can also determine whether employees will be rejected by the payroll program because of incorrect master data.

When you start a simulation run, the control record remains inactive and payroll results are not saved. You can then perform the following actions:

See also:

Retirement Allowance Payroll Simulation

Performing the Retirement Allowance Payroll

Remuneration Statement for Retirement Allowance

Transfer Payment for Retirement Allowance