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Component documentation Payroll Finland Locate the document in its SAP Library structure

Purpose

This component enables you to run payroll for all employees in line with Finnish legal and business requirements.

Implementation Considerations

You must implement the SAP HR Payroll Finland component in cooperation with the project team implementing other areas of SAP Human Resources (HR), in particular SAP HR Personnel Administration.

Integration

The SAP HR Payroll Finland component integrates with other SAP HR components such as Personnel Administration and Personnel Time Management. There are interfaces to Financial Accounting and Controlling, and you can run payroll using a combination of SAP and third-party products.

Features

The component uses data from other areas of SAP HR to calculate statutory and non-statutory additions and deductions for your employees.

 

In addition to standard payroll functions, payroll processing for Finland comprises the following country-specific functions:

·       Taxation

·       Absences

¡      Vacation Handling

·       Social Insurance

·       Company Car

·       Garnishments

There are also reports for working time reporting, overtime, employee representative reporting and earnings statement.

 

SAP HR Payroll Finland also supports retroactive accounting. This function automatically recalculates payroll in the event of changes to master data and time data in periods, for which payroll has already been completed.

 

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