one main thing is the account assignment, means assigning the HR wage types to symbolic accounts and the symbolic accounts to GL accounts. This is done in Customizing: Payroll / Payroll international / Reporting for posting payroll results to accounting / ...and its teamwork from HR and FI/CO key-user/consultant.
With ECC 60 the functionality "Distributing of liabilities according to expenses" is setup which allows BS-HR accounts posted to the correct PRCTR based on employees cost center assignment.
See SAP-Help for details.
Best regards, Christian
The GL Accounts which are attached to the Symbolic Accout may be P & L Accout or a Balancesheet account.
Runnning of Payroll is the resposibility of the HR person, But in many organisations, the Payroll Section forms part of the Accounts Department.
Third Party Remittance means the amount which is deducted from the salary of the employee which has to be paid to the third party. Eg/- Bank Loan Recovery, Insurance Premium Recovery, etc.
The FI-HR integration depends on the Symbolic GL Accounts. The flow is like this;
For every wage type you will have to assign the Sysmbolic account. The symbolic accout will decide to which type of account (Expense Account, Balancesheet Account, Customer, Vendor) the postings will be made in Finance. In the Wage types Posting, you will define whether account will be debited or credited.
For each Symbolic account you will have to assign the GL account to which the postings in FI has to be made.
Symbolic Account act as a carrier between FI & HR.