What is limit in SAP PA-CP - Personnel Cost Planning and Simulation?

SAP Term: limit

• Component: PA-CP

• Component Name: Personnel Cost Planning and Simulation

• Description: A minimum or maximum value to which the SAP system sets a valuated cost item during a planning run. &EXAMPLE& If you want the system to calculate an employee's bonus based on his or her overall salary, but you do not want the bonus to exceed a particular amount, you can save a maximum value as a limit in Customizing. During the planning run, if the SAP system calculates a bonus that exceeds the set maximum value, the SAP system reduces the bonus to the maximum value.

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• Key Concepts: 
  Limit in the context of Personnel Cost Planning and Simulation (PA-CP) is a feature that allows users to set a maximum value for a certain cost element. This limit can be used to ensure that the total cost of a personnel cost plan does not exceed a certain amount. 
  
  How to use it: 
  To use the limit feature, users must first define the maximum value for the cost element. This can be done in the Personnel Cost Planning and Simulation (PA-CP) configuration. Once the limit is set, users can then enter the personnel cost plan and the system will automatically check if the total cost exceeds the limit. If it does, an error message will be displayed. 
  
  Tips & Tricks: 
  It is important to remember that limits are only applicable to certain cost elements and not all of them. Therefore, it is important to check which cost elements have limits before setting them. Additionally, it is also important to remember that limits are only applicable to personnel cost plans and not other types of plans. 
  
  Related Information: 
  For more information on how to use the limit feature in Personnel Cost Planning and Simulation (PA-CP), please refer to SAP's official documentation on the topic. Additionally, there are also several online tutorials available that provide step-by-step instructions on how to set up and use limits in PA-CP.