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"Is this element subject to retroactive recoveries?" Question

Summary:

"Is this element subject to retroactive recoveries?" Question

Content (please ensure you mask any confidential information):

We are creating a Standard Earnings element classification and came across this question: "Is this element subject to retroactive recoveries?"

I didn't see this with other elements (different classification) in the past and it seems to be a newer question, maybe only for standard earning?

Anyway, we want to clarify with Oracle:

  • What is this process do?
  • Would it be in our best interest to enable it for this element, when we probably don't have it enabled on other elements?
  • What would the impacts be if we said yes, if don't use this process?

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