What is period-end date in SAP (SRD-HR-TM - Time Management)?

SAP Term: period-end date

• Component: SRD-HR-TM

• Component Name: Time Management

• Description: The date on which the specified time account types are periodically processed.

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• Key Concepts: 
  Period-end date is a term used in SAP Time Management to refer to the last day of a period. This date is used to determine when the period ends and when the next period begins. It is also used to calculate the number of days in a period, as well as to determine when certain tasks must be completed. 
  
  How to use it: 
  In SAP Time Management, the period-end date is set by the user. This date can be changed at any time, but it must be set before any other tasks can be completed. Once the period-end date is set, all tasks related to that period must be completed before that date. 
  
  Tips & Tricks: 
  When setting the period-end date, it is important to consider any deadlines or other important dates that may affect the completion of tasks. It is also important to ensure that the period-end date is set far enough in advance so that all tasks can be completed on time. 
  
  Related Information: 
  The period-end date is closely related to other terms in SAP Time Management, such as the start date and end date of a period, as well as the number of days in a period. It is also related to other terms such as overtime and leave days.