Posting Period and Posting DateThe system usually determines the posting date from the current payroll period. As a result, retroactive accounting runs are also posted with the posting date that originates from the current payroll period. Posting to Special Periods is an exception to this rule.
The
Accounting
components determine the posting period that is posted to, from the posting date.
You have the following options for specifying the posting date:
Using the relevant settings in the table of date specifications for a specific period in
Payroll
Customizing, under
By manual entry in the step
Create posting run
in the
Specifications for posting date
group box
By setting the
Acc.to payment
indicator in the step
Create posting run
in the
Posting date specification
group box. However, use of the payment date, as a posting date is only useful in countries in which the payment date is given a relevant meaning (for example, USA, Canada, Japan).
In some countries, payroll periods and posting periods can have different lengths. If the start and finish of a payroll period are in different posting periods for a weekly payroll run, it is necessary to distribute the expense from this payroll period (proportionally) to two posting periods. In some countries, this is possible with the help of the Month-End Accruals function.