Interview Questions - Part 1

[saphr09]

[quote=saphr09;15746]Hi
specs are as given in the table. The amounts of the arrears need to be reflected after PY has been run.

Process Date

Pay Begin Date

Pay End Date

Payment Date

Group

EMPLID

Employee Name

Deduction Source

Deduction Code

Deduction Amount

Arrears Balance

3/16/2009	3/9/2009	3/15/2009	3/19/2009	C	014256	Employee #7	AON	Pre-Tax Medical	12.30	49.20
"	"	"	"	"	"	"	AON	Pre-Tax Vision	2.10	8.40
"	"	"	"	"	"	"	Payroll Tables - Taken Each Pay	PAC900	9.46	37.84
"	"	"	"	"	"	"	Payroll Tables - Taken Each Pay	Unfnd3	5.00	20.00
"	"	"	"	"	"	"	JPM	401(k) Loan #1	20.65	82.60
							JPM	401(k) Pre Tax	3%	N/A
"	"	"	"	"	"	"	JPM	Roth401k	1%	N/A
										198.04

[How can I show this in a demo? Pl help]

[saphr09]

A payroll run is repeated for a period for which payroll accounting has already been performed in the payroll past. Retroactive accounting is triggered during the payroll run for the current period if certain master and time data affecting the payroll past has been changed in the meantime.
Only changes to master and time data are relevant for retroactive accounting since previous payroll results must be corrected. A retroactive accounting limit can be set for the whole company and/or for just one employee

[saphr09]

Originally Posted by welcomewiki

What is retro-active accounting? How do we get it done?

A payroll run is repeated for a period for which payroll accounting has already been performed in the payroll past. Retroactive accounting is triggered during the payroll run for the current period if certain master and time data affecting the payroll past has been changed in the meantime.
Only changes to master and time data are relevant for retroactive accounting since previous payroll results must be corrected. A retroactive accounting limit can be set for the whole company and/or for just one employee

[saphr09]

Originally Posted by welcomewiki

Where we can see the processing classes,Cumulation classes and Evaluation classes?

First two in PY and the last in TM

[saphr09]

Mismatched ammounts occur