Answer / sudha

hi
Different periods are defined in a company according to
employee group to pay them in different periods.like
monthly,weekly or bi-weekly.

Answer / dev

period parameter is nothing but the length of the pay
period or frequency of the pay period.

This can be monthly, weekly, semi-monthly, bi-weekly.

Answer / chennakesavareddy

it checks the month, i.e leaf month or general month, by
assigning it, system understands that payroll is monthly or
semi monthly.... etc.

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