factoring (PY)
Example: Payroll (PY)
Multiplication of an amount (fixed quantity) by a factor (variable quantity).Factoring is used in Payroll to determine a proportional payment for the
employee for a period. (partial period calculations).Reasons which lead to a reduction in the payment for a period include the following:
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Source: https://help.sap.com/doc/saphelp_glossary/latest/en-US/35/26c613afab52b9e10000009b38f974/content.htm