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Question on Payroll Periods

former_member32001
Product and Topic Expert
Product and Topic Expert
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264

Hi,

Is it always mandatory to have monthly payroll period as first day of the calendar month?

Can it start for example from 26th of the previous month to 25th of the current month?

Would you please help list the benefits of having first day of the calendar month till month end versus having 26th of the previous month till 25th of current month as payroll periods.

Is there any impact on any reporting or configuration if payroll period is between 26th of previous month to 25th of current month.

Note: Inlegacy system the period is currently being followed as 26th to 25th. There is no issue from FI side to have this date also no issue from any Legal aspect.

Best regards,

Sanjay

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sikindar_a
Active Contributor
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The issue will come when there is cross financial year

Ex: For India  if you maintain 22 march to 22 of april than we are haveing corss financial year in that case you wont have full results for a financial year

SAP has provided an alternative to this but can you please let me know which country payroll you are working for

former_member32001
Product and Topic Expert
Product and Topic Expert
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Hi Sikindar - This is for UAE.

They have financial year from January till December. And these 6 days in December is considerered to next Financial year and Customer say this is not a issue for them. And they do have this setup in their Legacy system.

Regards,

Sanjay

sikindar_a
Active Contributor
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Than i feel there will be no issue

But , Can you let us know is there any reports do you have based on Financial year , Which are Statutory.....

Please check them if your client doesn't have any issue than there wont be any issue