Retirement Liquidation for the Next Period
This section describes the activities that you must carry out when you perform the retirement liquidation for the next period.
The retirement liquidation for the next period consists of the following steps:
Once these steps have been completed, the retirement liquidation for the next period is complete.
Change the Payroll Status
The following activities must be
executed before retirement liquidation is performed.
Normally for retirement, the status of each related infotype is changed when the Retirement event is set. Therefore, in Infotype 0003 Payroll status field Personnel locked for payroll is set. This flag is set to avoid performing payroll accounting for retired employees. With this status set, you cannot also perform retirement liquidation.
To enable retirement liquidation, in the field Process up to, you must enter the last day of the payroll period that immediately follows the payroll period for which the retirement is due.
For example, to make paying the differences relative to promotion possible, it is necessary to run retirement liquidation a second time. To allow this, field Process up to must be extended to the last day of the next payroll period.
Employee Specific Payroll Status
Simulating the Retirement Liquidation for the Next Period
The system allows you to simulate the retirement liquidation for the next period for test purposes. This allows you to determine whether master data has been maintained correctly for employees for whom you must perform retirement liquidation. You can also determine whether employees will be rejected by the payroll program because of incorrect master data.
When you start a simulation run, the control record remains inactive and payroll results are not saved. You can then perform the following actions:
Retirement Liquidation for Next Period Simulation
Performing Retirement Liquidation for Next Period
Remuneration Statement for Retirement Liquidation for Next Period
Transfer Payment for Retirement Liquidation for Next Period