InterviewSolution
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Difference Between Retroactive Accounting And Earliest Retroactive? |
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Answer» Retroactive Acc Period: The retroactive accounting period REFERS either to an individual employee or to a payroll area. The earliest possible retroactive accounting period is specified for a payroll area. The SYSTEM ALSO takes into consideration the employee’s initial entrydate. Earliest Retroactive Acc Period: The period furthest back in the past for which it is still possible to perform a retroactive accounting RUN. This means that retroactive accounting takes PLACE for a period for which payroll has already been performed. Retroactive Acc Period: The retroactive accounting period refers either to an individual employee or to a payroll area. The earliest possible retroactive accounting period is specified for a payroll area. The system also takes into consideration the employee’s initial entrydate. Earliest Retroactive Acc Period: The period furthest back in the past for which it is still possible to perform a retroactive accounting run. This means that retroactive accounting takes place for a period for which payroll has already been performed. |
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