What does the Retroactive function allow me to do?

What does the Retroactive function allow me to do?

This feature is available on the Master payroll edition.

The Retroactive Function allows you to process backdated payroll changes, due to union negotiations, late approval of increases/promotions or any other reason.

When activating a retroactive calculation on the Bulk Actions screen, the system will automatically calculate the difference between the old and the new value of all relevant components. These differences will display on a retroactive payslip record, by means of an interim run.