pay-year option in HR&Payroll setup

vikas

Hi...

This querry is regarding about HR & Payroll setup(Indian Version).

In HR & Payroll->periodic activities->pay year-> we have got these many options....
1. Financial Year
2. Leave Year
3. Assessment Year
4. Bonus Year
5. PF Year
6. ESI Year

but i am unable to find the pay year option in the setup....but its there in object designer. So is it ok...if setup doesnt contains pay year option.

Thanks in advance

ramyavenkat

Hi vikas,

Creation of a Pay year is a periodic activity wherein u create the financial and leave year opening. So this is under periodic activity though it is the first thing that should be setup before u start working with the payroll module.

Ramya Venkat