What is reference date in SAP PY-CH - Switzerland?

SAP Term: reference date

• Component: PY-CH

• Component Name: Switzerland

• Description: Key date for calculations. It serves the following functions: Determines the choice of method variants Determines choice of VS parameters time-dependent Determines the processing schedule that is assigned to a fund Determines an employee's account number In PC actions, it can have a specific meaning for example, date of leaving.

Smart SAP Assistant

• Key Concepts: 
  Reference date is a key concept in the PY-CH Switzerland component of SAP. It is a date used to determine the validity of certain payroll elements, such as wage types, deductions, and contributions. It is also used to determine the period for which payroll results are calculated. 
  
  How to use it: 
  The reference date is set in the payroll control record and is used to determine the validity of wage types, deductions, and contributions. It is also used to determine the period for which payroll results are calculated. The reference date can be changed at any time during the payroll run. 
  
  Tips & Tricks: 
  When changing the reference date, it is important to ensure that all wage types, deductions, and contributions are valid for the new reference date. This can be done by checking the validity dates of each element in the payroll control record. 
  
  Related Information: 
  For more information on reference dates in SAP PY-CH Switzerland, please refer to SAP Help documentation or contact your local SAP support team.