Purpose

This component allows you to pay wages and salaries to employees and at the same time takes into account the needs and the special specifications of the banking institution and the country. It can also make certain specific employee payments to third parties (depending on the release of the country), in which the employee is not the recipient of the payment. The system offers different Wage/Salary Payment variants in different combinations depending on the release of each country.

You can find technical information on Wage/Salary Payment and notes on the necessary Customizing settings in the following sections:

You can find information on payment posting in the documentation on Post to Accounting, section Integration with Payment Posting

Scope of the Function

You can find information on Wage/Salary Payment in the following sections.