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1. What is meant by payroll area? What are the uses of
payroll area?
2. What is meant by a control record.
3. What is meant by retroactive accounting?
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Answer Posted / vks
1. Payroll area helps in grouping all employees whose payroll needs to be processed similarly and on the same date. You indicate the Period Parameter and Date Modifier (together they form the payroll area).
2. Control record joins the payroll periods, the payroll area and the retroactive accounting periods.
3. Retroactive accounting indicates the earliest date from which the payroll is re-calculated to adjust any payables/ receivables between the employee and the employer
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