Approving the Reference Period

When you have run all of the profit sharing processes and you are satisfied with the results, you must change the status of the reference period to Approved. Use the Reference Period component to change the status. Navigate to the component as follows: Compensation, and then Profit-Sharing FRA, and then Review Reference Period, and then Reference Period.

Note:

Employees cannot view their profit-sharing funds until you change the reference period status to Approved.