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control period

hello gurus

what is the importance of control period and can any any one explain about the pay day rules and wht is retro active period why we will we take it

thanks

theja

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2 Answers

  • Best Answer
    Posted on Sep 28, 2007 at 06:06 AM

    Hi Theja,

    Payroll Control Record is one of the prerequisite to run payroll.

    Control Record:

    1. It provides the earliest possible reto active accounting period.

    2. It locks the master data and time data of the past and present from making changes (You can make changes for the future).

    3. It specifies current payroll period.

    Pay Day Rule:

    Pay Day Rule specifies the exact date for the salary to be paid.

    Pay day rule depends on the following fields in Generation of Pyroll Periods

    1. Number of Days

    2. Start Date

    3. End Date (Its calculated automatically by the system based on the start date and period parameter).

    Rule:

    1 - will add the No.of days to the period start date.

    2 - will deduct the No. of days from the end date.

    3 - will add the no.days to the end date.

    4 - Specified number of days will be taken as Pay Day( Maximum allowed is 28).

    Hope this clears your doubt.

    Reward points if helpful.

    Regrads

    Sairam Maharaj S

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    Former Member
    Posted on Sep 28, 2007 at 05:35 AM

    hi,

    Retro active is used for system to know if any changes occured to the master data

    Pay rule are created for Example if the pay day falls on Holiday how to treate

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