on 07-10-2007 1:01 AM
Hi Guys,
Can some one please give a good explanation and example if possible about retro accounting.
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Thanking you in advance,
Nox.
Hi,
Retro accounting means running payroll for a previous period in the current period. This can be due to some arrears or some lack of enough basic pay in the previous period etc. This can be set on a higher level in PA03 (control record). Employee level retro accounting can be set in PU03 (change payroll status) under the "Earl. pers. RA date" field.
Hope this helps,
Reward points if helpful,
Thank You,
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HI Arun,
I am very new to retro accounting and would like your wisdom in helping me understand the payroll/retroactive account section of pu03.
Correct me if I'm wrong here but my understanding of the first two fields in that section i.e. earliest personnel retro active accounting date and Account to fields determine how long back the recalculations are to go.
What about the other fields?
Kind Regards,
NOx.
Hi the payroll which has been run in the past and we run the payroll again in the current period is termed as retro accounting.
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