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Re: what is the concept of retro accounting for US payroll

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dear Sonali,

 

Retro active accounting is basically the standard procedure of SAP-HCM which caters the changes in the last period.

For example: You have run the payroll for the month of SEpt 2014. After posting this payroll management want to pay the incentive amount to the employees from Sept , Here what u have to do is simple maintain the amount of incentive in wage type and it will automatically take impact in October s payroll.

 

Hope your question is answered

 

Regards,

Jainab


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