DEFINED CONTRIBUTION title: defined contribution (PY-HK) (SAP Library - Glossary)
DEFINED CONTRIBUTION category: Hong Kong (PY-HK)
DEFINED CONTRIBUTION explained:
Percentage of the employee's salary which the employer and/or employee is obliged to contribute towards the employeeĄŻs retirement scheme. The percentage contributed by the two parties may or may not be the same. It is often determined by factors such as the employee's years of service, age and salary.
It is an ORSO scheme.
More terms such as defined contribution in Dictionary D.
- Manual Data Collation Document:
- Help Proof of data collation defined contribution definition.
- Manual Data Object (BC-ILM):
- Help equivalent of the archiving object. It incorporates all application data that is necessary to map completely a business object, such as a billing document. Archiving always removes only complete data defined contribution explain.
- Manual Data Transfer Method:
- Help collect reported financial data in the Consolidation system. The following data transfer methods are supported: Realtime update from Financial Accounting (in EC-CS only) Periodic extract from defined contribution what is.
- Manual Delivery-Related Trading Unit Change:
- Help enables you to change the external packaging of products, e.g. packing or lagging. This change does not represent a value-added process. Examples: Packaging of high-quality paper rolls Cutting steel defined contribution meaning.
- Manual Distributed Retailing:
- Help retailing allows functions to be performed locally. Distributed retailing is used for the following reasons: Improved performance Improved safety To implement decentralized company policies Plants defined contribution abbreviation.
