What is projection in SAP PT - Personnel Time Management?

SAP Term: projection

• Component: PT

• Component Name: Personnel Time Management

• Description: Evaluation of time data for future periods, whereby the system saves the results of the time evaluation run. This means that the results are available for evaluations and reports.

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• Key Concepts: 
  Projection in SAP Personnel Time Management (PT) is a feature that allows users to create a forecast of future personnel costs. This feature enables users to plan and budget for personnel costs in advance, allowing them to make informed decisions about their workforce. 
  
  How to use it: 
  To use the projection feature in SAP PT, users must first enter the relevant data into the system. This includes information such as employee salaries, overtime rates, and other personnel costs. Once this data is entered, users can then create a projection of future personnel costs. The projection can be used to plan and budget for personnel costs in advance. 
  
  Tips & Tricks: 
  When creating a projection in SAP PT, it is important to ensure that all relevant data is entered accurately. This will ensure that the projection is accurate and reliable. Additionally, it is important to regularly update the projection as changes occur in order to ensure that the projection remains up-to-date. 
  
  Related Information: 
  For more information on using the projection feature in SAP PT, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on using this feature.