Define Wage Code Validity Period

Explanation

This activity is used to define a period of time during which a defined wage code is valid for payroll calculations. Determining the validity period for the wage code is important as the calculated value reflects the country-specific labor code and work regulations which may change in different years.

Prerequisites

There are no prerequisites.

System Effects

There are no system effects

Window

Wage Code

Related Window Descriptions

Wage Code

Procedure

1. Open the Wage Code window and find a wage code for which the validity period needs defining.
2. Go to the Details and click New in order to create a validity period.
3. In the Valid From field, specify the start date on which the wage code will become effective.
4. Save the information.