Earliest recalculation date for Time evaluation
Can someone pls explain the the criteria for selecting a date to setup earliest personnel re-calculation for time evaluation (other than the go-live date). How often do we reset this date? Reason why this question is asked- I happened to read somewhere that the earliest recalculation date for payroll is set annually once the previous year has been closed to avoid hectic recalculations. Is this a standard practice across organizations? Do companies reset the e.p.r.date for time evaluation too as they update the e.p.r for PY?
Thanks in advance