Understanding Payroll Basics: How Do PCRs and Schema Structure Affect Your Pay?

Payroll Basics & Understanding Schema Structure

Importance and Function of PCRs and How to Write?

• Wagetype Valuation and Rates of Pay

• Absence Valuation

• Factoring

• Time Wagetype Selection

• Retro Accounting and Cumulations

• Payslip Forms

• Loans

Initialization of Payroll

Edit Basic Data
Import Last Payroll Results
Process Time Data for Payroll
Import Additional Payments/Deductions
Partial Period Factoring and Storage
Statutory Payments/Deduction Processing
Cumulate Net Amount/From Payment Amount
Retroactive Accounting
Net Payments/Deductions and Transfers
Final Updates

Initialization of Payroll

- Edit Basic Data
- Import Last Payroll Results
- Process Time Data for Payroll
- Import Additional Payments/Deductions
- Partial Period Factoring and Storage
- Cumulate Net Amount/Form Payment Amount
- Retroactive Accounting
- Net Payments/Deductions and Transfers
- Final Processing