What is time evaluation in SAP PT - Personnel Time Management?

SAP Term: time evaluation

• Component: PT

• Component Name: Personnel Time Management

• Description: A valuation of working times and absence times by comparing the attendance and absence information entered by employees against the company-internal, contractual, and collective agreement provisions set up in SAP . Time evaluation is run periodically to determine planned working times and overtime, accrue and deduct time accounts for example, time-off accounts, and select wage types for example, bonuses for payroll. Specific scenarios are documented by system messages.

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• Key Concepts: 
  Time evaluation is a component of SAP Personnel Time Management (PT) that allows for the calculation of wages and other personnel costs. It is used to calculate the amount of time worked by employees, as well as any overtime or other bonuses that may be due. It also takes into account any absences or holidays that may have been taken. 
  
  How to use it: 
  Time evaluation is used to calculate the wages and other personnel costs for employees. It takes into account the amount of time worked, any overtime or bonuses due, and any absences or holidays taken. The results of the time evaluation are then used to generate payrolls and other personnel cost reports. 
  
  Tips & Tricks: 
  When setting up time evaluation, it is important to ensure that all relevant information is entered correctly. This includes the employee’s hours worked, any overtime or bonuses due, and any absences or holidays taken. It is also important to ensure that all relevant wage and personnel cost calculations are included in the time evaluation process. 
  
  Related Information: 
  Time evaluation is closely related to other components of SAP Personnel Time Management, such as payroll processing and personnel cost reporting. It is also related to other SAP modules, such as Human Resources (HR) and Financial Accounting (FI).