The SAP HR Payroll productive start is already a fact in Stomana Industry S.A.
Since the beginning of July 2005, the employees' salaries in the company are
being calculated with the HR module component-Payroll Accounting.
Payroll Accounting is operating completely in compliance with the bulgarian legislation
requirements and the legal framework. The salaries are calculated, according to
the bulgarian labour legislation and law requirements, considering the complex
work schedules and shifts in the company.
Its functionalities enable the accurate monitoring of work schedules, the creation
of files with information about each employee, bonus calculation and net and gross
remuneration calculation, through the integrity and data exchange between Payroll
and the components: Time evaluation, Personnel Administration. The Payroll is
operating in complete integration with the other components of the HR module-
Time management and Time Evaluation.
The system's integrity and data processing in real time enable the data transfer
from Payroll module to the Financial Accounting/FI/ and the Controlling module
/CO/.
Stomana Industry is a leading steel manufacturer, which employs around 1300 people.
The HR Payroll implementation, performed by Teka Systems, started in July 2004,
as a part of the second phase of the SAP R/3 implementation project in Stomana
Industry.
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