term period payroll help what is
Meaning of payroll period. What is it: is identified by a period number and payroll year. Example.

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Definition payroll period

PAYROLL PERIOD title: payroll period (PY) (SAP Library - Glossary)
PAYROLL PERIOD category: Payroll (PY)
PAYROLL PERIOD explained:

Period for which regular payroll is run. A payroll period is identified by a period number and payroll year.

Example

Payroll periods can be, for example, weekly, two-weekly or monthly. Depending on this, and other system settings, the payroll period 08 2000 could indicate:

Monthly payroll periods: Month August Weekly payroll periods: Week from 13th to 19th February 2000

More terms such as payroll period in Dictionary P.

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