What is earliest possible retroactive accounting period in SAP PY - Payroll?

SAP Term: earliest possible retroactive accounting period

• Component: PY

• Component Name: Payroll

• Description: The payroll period furthest back in the past for which it is still possible to perform a retroactive accounting run. It is stored in the HR control record for the payroll area.

Smart SAP Assistant

• Key Concepts: 
  Earliest Possible Retroactive Accounting Period is a feature in SAP Payroll (PY) that allows you to backdate payroll postings to an earlier period. This feature is useful when you need to make corrections to payroll postings that were made in the wrong period. 
  
  How to use it: 
  To use the Earliest Possible Retroactive Accounting Period feature, you must first enter the date of the earliest period you want to backdate the payroll postings to. Then, you can enter the details of the payroll postings and select the “Retroactive Accounting Period” option. This will allow you to backdate the payroll postings to the period you specified. 
  
  Tips & Tricks: 
  When using the Earliest Possible Retroactive Accounting Period feature, it is important to remember that only certain types of payroll postings can be backdated. For example, wage types and deductions cannot be backdated, but retroactive payments and retroactive adjustments can be backdated. 
  
  Related Information: 
  For more information about using the Earliest Possible Retroactive Accounting Period feature in SAP Payroll (PY), please refer to SAP Help documentation or contact your local SAP support team.