FACTORING title: factoring (PY) (SAP Library - Glossary)
FACTORING category: Payroll (PY)
FACTORING explained:
Multiplication of an amount (fixed quantity) by a factor (variable quantity).
Factoring is used in Payroll to determine a proportional payment for the employee for a period. (partial period calculations).
Example
Reasons which lead to a reduction in the payment for a period include the following:
Employee being hired/leaving during the payroll period Unpaid absences Employee transferring from part time to full time work and his/her basic pay being changed accordingly Change in basic pay within a period Changes to work relationship and resulting changes to basic pay (for example, if a trainee enters a work relationship)More terms such as factoring in Dictionary F.
- Manual Flat Fee:
- Help consists of a flat-rate amount that the rights holder receives. This type of license fee is not dependent on the actual usage of the right acquired. It is therefore generally charged when the right factoring definition.
- Manual Follow-Up Visit:
- Help Visit category for visit scheduling in Outpatient Clinic Management factoring explain.
- Manual Fuzzy Similarity:
- Help Degree of) similarity required between a document and the search query for the document to be returned in the result set of a fuzzy search factoring what is.
- Manual Floating Backbilling:
- Help Type of billing that can be used for billings that occur within the year. All billings executed within the billing year are settled automatically, on the basis of an anticipated billing result factoring meaning.
- Manual Family Type:
- Help The family type identifies a person as a member of the employee's family. Example Child Spouse Testator Legal guardian factoring abbreviation.
