what is retro active accounting and earliest retro active
accounting?
Answer Posted / nani
Retroactive accounting:
A payroll run is repeated for a period for which payroll accounting has already been performed in the payroll past. Retroactive accounting is triggered during the payroll run for the current period if certain master and time data affecting the payroll past has been changed in the meantime.
Only changes to master and time data are relevant for retroactive accounting since previous payroll results must be corrected. A retroactive accounting limit can be set for the whole company and/or for just one employee.
Earlierst Retroactive Accounting period Example:
In Payroll status: if you update this period as 06 2010. Any changes before this period related to Master data or time data wouldnt be allowed into the SAP System. The changes which are within the earliest retroactive accounting period is accepted. Exceptions are there for this but again based on the requirement.
Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Can several personnel actions be performed on the same day?
How can you maintain information for an infotype?
What is the transaction code to access evaluation path?
What is staffing percent.
What is the use of matchcode w? : hr- payroll
Which elements determine the enterprise structure for personnel administration?
I need to ask you that while I am trying to book one person in training for a business event type, they are saying that this person is not available for the business event. Why is it so? But that I can book a user for the same business event type. What is the differense between user and person? Now in case if I book a person for the business event, how can I see whether that person is available for that date or not. Moreover how can I see that that person is on leave or not.
What actions are performed when you run applicant action prepare for hiring for an applicant?
What is difference between simple maintenance and detailed maintenance?
What do you mean by employee subgroup? Give some examples.
Which hcm processes are incorporated in ess as workflows?
What is a wage type?
Situation - you want to group employees for their allowances in payroll. How would you do that?
Explain controlling area. What are its uses? How do you assign it?
What is symbolic account?