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 HCM, Payroll Topics for the Portuguese Banking Sector

 

Technical Data

Technical Name of Business Function

HCM_LOC_CI_61

Type of Business Function

Enterprise Business Function

Available From

SAP_HRCPT 604

Application Component

Payroll Portugal (PY-PT)

Required Business Function

Not relevant

You use this business function to run payroll-related functionalities that are specific to the banking sector in Portugal.

Prerequisites

  • You have installed the following components as of the version mentioned:

    Type of Component

    Component

    Required for the Following Features Only

    Software Component

    SAP_HRCPT

Features

Calculation of family allowances

The Portuguese government grants child allowances and study allowances for employees of the banking sector who have children. This functionality allows the calculation of these allowances according to the requirements of the banking sector.

Calculation and reporting of deductions for SAMS

The Portuguese banking unions provide their members with medical care through social and health assistance service institutions called SAMS (Serviços de Assistência Médico-Social). This functionality allows the calculation of employee deductions for SAMS and the reporting of these deductions to the relevant banking unions.