Creating a Business Event Type 
Use
In this step, you create business event types. A business event type is a general description of a business event or event date. It serves as the blueprint or model from which individual event dates can be created. In contrast to a business event date, a business event type cannot be scheduled to take place at a particular time.
Procedure
On the SAP Easy Access screen, in the SAP Standard Menu choose Human Resources ® Training and Events ® Business Events ® Settings ® Current Settings ® Business Event Types. . The Business Event Type: Initial Screen appears.

For clarity's sake, you should specify 01/01/ of a calendar year.

Refer to the information contained for the individual infotypes under the section Structure in
Result
You have created a new business event type.

Once you have created your first object, or if an object already exists in the system, you can use this as a template for any further objects you want to create. To do so, you enter the ID of the object you want to use as a template in the field Business event type in the Copy from box. The data of the existing object is proposed on the data screen. You can overwrite data as required for your new object. You can find this function in the master data catalog by choosing Object ® Create by copying.

The Customizing settings made under
Maintain Actions affect the data maintenance activities you can carry out for business event types. In this step, you specify what infotypes may be maintained for what object types.