... and payables from Payroll is posted for accounting directly in Financial Accounting, and you assign the costs to the appropriate cost center / internal order. Through payroll Mastek can also control the financial system of third-party providers. Features The System calculates the gross and net pay, which comprises the individual payments and deductions that are calculated during a payroll period, and are received by an employee. These payments and deductions are included in the calculation of the remuneration using different Wage Types. Wage Types Object in Payroll and Personnel Administration in which the amount and time units are stored so that they can be used, for example, for calculating pay or for determining statistics. Wage Types separate amounts and time units for various business purposes. This also enables the system to process amounts and time units in different ways during the payroll run. After the remuneration payroll Mastek can carry out various subsequent activities, for ...

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