Define Planning Periods
In this step, you define your planning periods. The planning period is the period during which the compensation adjustments are applied.
Note
The planning period does not have to be a calendar or a fiscal year.
Standard settings
The SAP R/3 System contains sample entries that you can either use or modify to meet your own requirements.
Activities
1. Determine the plan periods required in your organization.
2. Choose New entries.
3. Enter a four-digit identifier for the period.
4. Enter a start date and an end date.
5. If you want currency conversion to take place on a specific date, enter a date in the Key date field.
6. If you do not enter a date in the Key date, the system will use the system date.
7. Save your entries.
