What is quota account in SAP SRD-HR-TM - Time Management?

SAP Term: quota account

• Component: SRD-HR-TM

• Component Name: Time Management

• Description: A category of time account types used to collect and manage time balances that are increased by rule-based entitlements or accruals and decreased by absences.

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• Key Concepts: 
  A quota account is a feature of SAP Time Management that allows an employee to store a certain amount of time for future use. This time can be used for vacation, overtime, or other types of leave. The quota account is managed by the system and can be adjusted by the employee or their manager. 
  
  How to Use It: 
  To use the quota account, an employee must first set up a quota account in the system. This can be done by entering the desired amount of time into the system and setting up a start and end date for the account. Once the account is set up, the employee can then use it to store time for future use. 
  
  Tips & Tricks: 
  It is important to keep track of the amount of time stored in the quota account as it can be used up quickly if not monitored. Additionally, it is important to ensure that the start and end dates are set correctly so that the employee does not lose out on any time that could have been used. 
  
  Related Information: 
  The quota account feature is part of SAP Time Management, which is a module of SAP Human Resources (SAP HR). It is used to manage employee time off and other related activities. Other features of SAP Time Management include absence management, shift planning, and time recording.