What is last work day in SAP SRD-HR-PAD - HCM-Personnel Administration?

SAP Term: last work day

• Component: SRD-HR-PAD

• Component Name: HCM-Personnel Administration

• Description: The final day an employee performs work in the enterprise.

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• Key Concepts: 
  The term “last work day” in SAP HCM-Personnel Administration refers to the last day an employee works in a particular job or position. This date is used to calculate the employee’s end of service benefits, such as vacation pay and severance pay. 
  
  How to use it: 
  The last work day is entered into the system by the HR department when an employee leaves a job or position. This date is then used to calculate the employee’s end of service benefits. The last work day can also be used to track the length of an employee’s service in a particular job or position. 
  
  Tips & Tricks: 
  It is important to enter the correct last work day for each employee, as this date will be used to calculate their end of service benefits. It is also important to ensure that the last work day is entered into the system in a timely manner, as this will ensure that the employee receives their benefits on time. 
  
  Related Information: 
  The last work day is related to other SAP HCM-Personnel Administration terms, such as “end of service date” and “termination date”. The end of service date is the date on which an employee’s employment ends, while the termination date is the date on which an employee’s employment contract is terminated.