Answer Posted / Alok Kumar Srivastav
Retroactive accounting, also known as backdating or catch-up payroll, is a process in which transactions are adjusted and posted after the initial transaction date. It is used when an error or omission is discovered in previously processed payroll data, and it needs to be corrected for accurate financial reporting. This could include adjustments for incorrect salary calculations, errors in tax withholding, or changes to employee status.
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hi, these r the ques asked by tcs.. 1.what do sap hr consultants do in 5phases of asap methodology? how u did documentation? 2.Tables you come across in payroll process?n after copying wagetypes in which table they get stored?n table for indirect valuation? 3.wht r the steps u followed to create dynamic actions? wht r the dynamic actions u created? 4.how u do exemptions in indian payroll? 5.wht is igmod? wht is the use of it? 6.where u save payroll results? 7.how u do evaluation path? dont say the configuration path..say the process.. 8.wht configuration u did in OM in implementation? 9.wht r the steps to do hiring action? n on how many actions u have worked?how u configured all those things?
