Budgeting and Planning periods in Comensation Management
Do budgeting periods and Planning periods have to be the same in compensation management? Based on the SAP documentation, I understand that planning period can be different from budgeting period? What if my client has budget period from 01/01/2009 to 12/31/2009 and his planning period from 04/01/2009 to 03/31/2009? It should not matter to me since we are assigning the budgets to the adustment types. What are your views on this? Can you please let me know @ the earliest?
Thanks in advance
Richa Bhatt replied
You can have different budget period and planning periods...it depends upon how the client wants it but you need to check how the amount assigned to an employee is deducted and from which budget period..
eg. budget periods
Planning period 01.04.2008 31.03.2009
Planning period is overlapping 2 budgets hence will the amount for april to december be deducted from first budget and for the remaining 3 months from the second budget period.