Process the first period of the new wage year
You can only calculate the first period of a new wage year when the following conditions are met:
- You approved all of the periods of the previous year.
- You processed all of the RAE entries for the previous year. You can add RAE entries that apply to multiple years after the fact, however.
- You created a backup copy of your environment(s).
- You calculated the ‘BT’ annual wages.
The salaries for the first period of the new wage year have been processed using the HR / Payroll / Salary processing cockpit.