Year-End Activities
In Sap HR/HCM
Following are few year end activities in SAP HR.
Time Management
1.
Preparing Holiday Calendar for next year.
2. Approve & Transfer all employees work time for current year .
2. Approve & Transfer all employees work time for current year .
3.
Generate Work Schedule rule for next year
4. Update your Absence quotas.
4. Update your Absence quotas.
Payroll
1.
Update your SAP payroll calendar
2.
Prepare posting dates for upcoming year.
3.
Certain statutory forms needs to be generated at the year
end after you run the last month payroll-India.( Annual Salary Register, Annual
Pension Reports (Form 7&8),PF annual ( Form 3A & 6A),Income Tax ( Form
16 & Form 24),Form 214,ESI form, Tax Reports.
4.
Define the new tax rates for the upcoming year, if any change.