FI posting into HR

[leelamohan_kavali]

Dear Mates,

Once HR consultant will post the salary & shared the document number to the FI consultant through PCP0 then how FI consultant will give salary to the employee ? Once HR consultant will share document number (where document will be generated by PCP0) to FI consultant is HR part will be over ?

Kindly can you give full clarity..

Ur's

Mohan

[Former Member]

Mohan,

FI posting is a process were the wage types (Payments, deductions, ect...) have been mapped to your GL accounts in Finance.

Posting means that you will basically reflect these amounts in your ledger.

This process is not related to the payment process.

The Payment process basically consist on creating you bank tapes.

This means that you have previously contacted a bank, discussed the structure of the files to be generated, configured your DME to produce the file to be transfered to the bank.

The transfer is done through many options, depending on what your company has setup.

SWIFT through PI, flat file, ect ect...

But again, these are 2 different process and are not realled.

Only after the payment is done, you can also do a Salary Transfer Posting if you wish.

Your HR-Payroll consultant and your FI consultant should know about these things.

If they do not, you have a problem, as this is not an easy task...

[Former Member]

Dear Mohan,

Kindly follow as per the suggest step by Mr.Balwant Subhedar Sir, and then add two steps i.e.  Run No. and Posting Document no. from TC: SE16 -->  BKPF, here you can get the two field.

This will help you each time and posting reconciliation .

Regards,

Santosh Shivane

[Former Member]

Dear,

As a permanent solution you need to develop Salary Register Report which display all information refer below information for creating column in zee report.

1. SR No.

2. Employee Code.

3. Employee Bank Name & Bank Account Number

4. Employee Cost center

5. Employee Earning components

6.Total of Earning column

7 Employee deduction components

8 Total of Deduction column

9 Net pay column

Once you create this zee development then account department will match each and every salary components as per GL wise ledger and confirm that net pay calculation is ok and do the bank transfer accordingly.

Regards

Subhedar

9158881202

[Former Member]

Hi Mohan,

Once your run the Posting document the Posting document will store in FB03 (Check FB01/02) with your document number and FI will check the G/L wise posting documents and salary payments details.

Once you got confirmation of Posting documents clearance then need to run Bank transfer it's depends on client and may run by FI or HR team.

[leelamohan_kavali]

Dear Kedhar & P N Reddy,

Really thanks for your reply,

1. As per you I've done all config steps & ran payroll posting, then system is generated one document number through PCP0. is this document number only we need to share to FI consultant rit ?

2. Here my FI consultant is getting some confuse like how employee will be received the payment through the document number ?. If you don't mind can you give some clarity on this ? after giving document number to FI what activities need to be done by FI consultant ?

Ur's

Mohan

[Former Member]

Hi Mohan,

FI team can able to see all the details of Posting documents each line item wise, they need to check the GL accounts are cleared or not. Once the live posting done then we need to run Bank statement for transferring the file which contains the details of Employee name and bank account number and salary amount (/559) then that file will transfer to Bank for payment and if you don't have this process then you need to generate a file manually with Employee Bank account and salary need to pay through pay register then you need to send to Bank for payment.

This document will contains all the details of Posting which will include all debit & credit items along with cost center & profit center & business area wise details.

Hope this will clarifies your FI consultant.

[Former Member]

Hi Mohan,

As HCM Consultant , we have to share the document number . then

FI Consultant will go to T-Code FS10N for cheking posted ammounts assigned to G/L account.

and will go for the payments.

Than...Q

P N Reddy