What is interval for limits in SAP PY - Payroll?

SAP Term: interval for limits

• Component: PY

• Component Name: Payroll

• Description: An interval for creating amounts and limits for a wage type class. Within the period specified by the interval for limits, the system cumulates all payments from the respective wage type class to form a single amount. Whenever a new interval starts, this amount is reset to zero and the next cumulation begins.

Smart SAP Assistant

• Key Concepts: 
  Interval for limits is a feature in SAP Payroll (PY) that allows you to set limits on the amount of time an employee can work in a given period. This feature is useful for ensuring that employees do not exceed their allotted hours and that they are paid correctly. 
  
  How to use it: 
  To use the interval for limits feature, you must first set up the parameters for the limit. This includes setting the start and end dates, as well as the maximum number of hours an employee can work in that period. Once these parameters are set, the system will automatically calculate the total number of hours worked and alert you if an employee exceeds the limit. 
  
  Tips & Tricks: 
  When setting up the interval for limits, it is important to ensure that all parameters are accurate. This will help ensure that employees are not overworked and that they are paid correctly. Additionally, it is important to regularly review the limits to ensure they are still appropriate for your organization’s needs. 
  
  Related Information: 
  For more information on setting up and using interval for limits in SAP Payroll (PY), please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to use this feature.