Understanding Retroactive Processing

Retroactive (retro) processing refers to the recalculation of prior periods due to changes in payee data that could result in adjustments to entitlement or compensation.

Absence Management uses a form of retroactive processing referred to as corrective retro. With corrective retro, the system:

1. Recalculates the elements of the absence run that are defined to be recalculated during retroactive processing.

2. Replaces the previous calculations with the recalculated values for the elements of the run.

3. Updates balance and segment accumulators in the recalculated period.

4. Executes a full reversal of the prior calculation results.

The recalculated run replaces the previously calculated run. However, the original run calculations remain available for auditing and reporting purposes.