What is special payment in SAP (PY-ES - Spain)?

SAP Term: special payment

• Component: PY-ES

• Component Name: Spain

• Description: In , each year several special payments pagas extras are made to the employees according to the employer's rules.The special payments are made one or more times per year. The amount and the dates are known and defined in each employee's contract. The amounts of the special payments are included in the taxable income estimation via the year start estimation and in the social insurance calculations via the proportional division done in the pro rata.

Smart SAP Assistant

• Key Concepts: 
  Special payment is a feature of the PY-ES Spain component of SAP that allows users to make payments to employees or vendors outside of the normal payroll cycle. This feature is useful for making payments for one-time or irregular expenses, such as bonuses or reimbursements. 
  
  How to use it: 
  To use the special payment feature, users must first create a payment proposal in the system. This proposal will include the details of the payment, such as the amount, date, and recipient. Once the proposal is approved, users can then generate a payment order to initiate the payment. 
  
  Tips & Tricks: 
  When creating a payment proposal, it is important to ensure that all necessary information is included. This includes the recipient’s name and address, as well as any additional details that may be required for the payment. Additionally, it is important to double-check all information before submitting the proposal for approval. 
  
  Related Information: 
  For more information on special payments in SAP PY-ES Spain, please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to use this feature.