Streamline HR and payroll to enable business transformation, simplify processes and reduce costs
SAP HCM solution brings about providing the global business practices with Indian tax compliance as a solution for a company’s HR and Payroll processing needs.
India Localization at SAP ERP HCM provides for business process requirements specific to the Indian Companies. The India Localization for SAP ERP HCM has been developed after an extensive study of Indian tax and business practices across industries and organizations of varying sizes. Since its inception, a dedicated team has been enhancing and supporting the localization features and functions well integrated with the SAP ERP HCM solution. Close interaction with Indian SAP ERP HCM customers has been a key success factor.
India Localization provides complete compliance as per the provisions of laws governing India taxation methods.
India Payroll solution responds to tomorrow’s needs today. It is flexible, reliable and designed to meet India payroll requirements. From ‘configuring’ rules to arrive at the salary, taxation to Provident Fund contributions and deductions, Loans etc., SAP India Payroll calculates employee’s compensation accurately and efficiently. If employee’s pay details have changed back dated, the retroactive processing program automatically recalculates pay, deductions, and taxes. The revised figures update the employee’s history, payroll and tax records as well as ledger entries. SAP India Payroll offers a suite of state-of-the-art functions that cover the daily requirements of those working in the payroll management environment.
less cost per an HR transaction when employee data is administered using a single system
SAP Best Practices for SAP India Payroll
Entire employees details in single database, enables quick decision making on HR policies
Payroll calculation, implementing new schemes, analysis of various reports is much faster.
Implementing various compliance requirements within short notice period and with accuracy is possible
Audit and compliance tracking is authentic and single truth in any circumstances
Key Competitive Differentiators
Customer own ERP HCM system and hosted internally or by third party
Typical payroll solution and used for other HCM activities, No restrictions as per license
Compliance: SAP India Payroll delivers legal compliance and best practices.
The world's leading payroll solution that is currently used by thousands of organizations worldwide.
Empower and manage your Payroll
SAP India Payroll can handle a number of scenarios with different
variations of basic salary and increments which are normal
or due on promotion of the employee. Dearness Allowance SAP
India Payroll computes the dearness allowance using options
such as Fixed DA, linkage to consumer price index .
Any number of wage elements can be created and used for
administering compensation. These can be regular monthly
wage elements or periodic wage elements or annual/one-off
wage elements. The wage elements can be assigned to various
employee groups depending on their characteristics such the
department of the employee.
Allowances & Reimbursements
SAP India Payroll can handle multiple allowances and reimbursements.
You could define characteristics for payment,
taxability, computation and so on to suit your organizational
requirements. SAP India Payroll supports multiple user defined
deductions from salary.
The standard loans functionality has been enhanced to meet
the requirements of eligibility, maintenance of balances, computation
of interest and monthly installment repayment and
the perquisite computation relating to interest subsidy for
SAP India Payroll computes varied benefits provided to
your employees such as Leave Travel Allowance, Medical
Reimbursement, Medical Insurance, Furniture, House Rent
Allowance, Company Cars, Company Housing and other long
Flexible Benefit Packages
The SAP India P ayroll offers the functionalit y of FBP/Basket
of Allowances practice as seen in a number of companies. This
provides limits on the FBP, sub-limits on individual components
of the package and the processing of outstanding balances
during and at the end of the year.
Designed to comply with the individual Income Tax Laws of
India, the system stores all your employee tax details, including
Previous Employment tax and Professional tax. The tax
calculations take into consideration employee’s taxable income,
tax slabs, deductions permitted, applicability of surcharge
and any additional cess.
SAP India Payroll automatically computes the Provident Fund
benefits, ESI eligibility and contributions, Labour Welfare Fund
contributions and Professional Tax for states where applicable
at the relevant frequency.
Gratuity and Superannuation computation supporting multiple
trusts and user definable contributions can be implemented
with SAP India Payroll
SAP India Payroll has been configured to address requirements
for employee separation due to resignation, retirement or VRS.
It can handle recovery of benefits for part year service, payment
of terminal benefits, Notice Pay and Tax computation
only for part of the year.
Off-Cycle Payroll Processing
Besides the regular payroll, companies have sundry payments
processing requirements. SAP India Payroll supports off-cycle
payments along with the computation of respective tax.
SAP India Payroll supports retrospective computation
of changes to the various data heads and makes the appropriate
computation and payments in the current period.
Run Compliant, Run Better
The salary slips lists amounts and information for the employee
per payroll period in a clear format. This includes Gross and
Net payments Outgoing payments and any additional information.
The salary slip is flexible in design and can meet customer
specific format requirements or changes with less effort
One of the recent significant enhancements provided at
localization for SAP ERP HCM: India Payroll is “Correction Run”.
Corrections on a payroll may be required for the reasons such
as, wrong base amounts, missing allowances, tax related errors
etc. As of now impacts of such errors can’t be addressed until
the next payroll. India Localization now provides for such corrections
via “Correction Run” enhancement.
Keeping up with Business GROWTH
How Do We Implement
Transformative for Cloud “Let us guide you”
Lead with best practices
Rapid, prescriptive, repeatable delivery steps
Accelerated by tools, templates and predefined content
Enabled for the cloud
How Do We Implement –Requirements & Configuration
SAVIC Launch Methodology
Understanding of different State of Mind
State of mind is your mood or mental state at a particular time. The status of ones consciousness as in their perception of the outside world their perception of their own intuition and the function of their brain is also known as States of Mind.