Hiring an Employee 

Purpose

You use this process when you hire an employee and want to see how high the financing requirement is for this employee.

Prerequisites

There are two options for determining financing requirements: either the person is financed directly or they are assigned to a position. If an employee is financed by a position, this position must be already created in the system.

Process Flow

       1.      Hiring an Employee. You can find more information under Hiring a New Employee.

       2.      Determine financing requirements for a person. You can find more information under Determining Financing Requirements for Persons.

Result

You have hired an employee and determined the financing requirements for them. This financing requirement is connected to the derived FM account assignments in the component Funds Management in the form of a funds commitment.