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Earliest recalculation date for Time evaluation

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Hi,

 

Can someone pls explain the the criteria  for  selecting a date to setup earliest personnel re-calculation for time evaluation (other than the go-live date). How often do we reset this date?  Reason why this question is asked- I happened to read somewhere that the earliest recalculation date for payroll is set annually once the previous year has been closed to avoid hectic recalculations. Is this a standard practice across organizations? Do companies reset the e.p.r.date for time evaluation too as they update  the e.p.r for PY? 

 

Thanks in advance

A. Neetu


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