What is leave year in SAP PT - Personnel Time Management?

SAP Term: leave year

• Component: PT

• Component Name: Personnel Time Management

• Description: A calendar year for which leave entitlement is valid. The term is used in the working time provisions that grant leave entitlement for a period of one calendar year. &EXAMPLE& Annual leave for the year 1999. The leave year is 1999, even if the employee can take this leave entitlement up to March of the following year.

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• Key Concepts: 
  Leave year is a period of time in SAP Personnel Time Management (PT) that is used to define the period of time for which leave entitlements are valid. It is usually set to a calendar year, but can be customized to any other period of time. The leave year is used to calculate the amount of leave an employee has available and to track the usage of leave. 
  
  How to use it: 
  The leave year is set up in the SAP system by an administrator. It can be configured to start on any date and end on any date. The leave year is then used to calculate the amount of leave an employee has available and to track the usage of leave. 
  
  Tips & Tricks: 
  It is important to ensure that the leave year is set up correctly in order for the system to accurately calculate and track leave entitlements and usage. 
  
  Related Information: 
  For more information on setting up a leave year in SAP PT, please refer to the SAP Help documentation.