Payroll - Changing the payroll period dates in live system

We are on a bi-weekly payroll schedule. Requirement was the setup the pay period from Monday to Sunday (14 days). However, it got created as Sunday to Saturday (14 days) in error. Now the time recording does not coincide with the pay period. I believe we can change the period start and end dates for all pay periods in V_T549Q. This will make one of my pay period 15 days and I can continue correctly from then on.
I am curious to know whether there are any "side effects" if I do this in a live system. Have any of you did this type of thing in SAP payroll?
Thanks
Joe

Why do you want to change table entries directly in PRD.....You can generate payroll periods in Dev through report RPUCTP00...and then make sure your table entries correct in Dev and then move to PRD.
Generate Payroll periods as per your Biweekly through report RPUCTP00.....Enter your Biweekly Period Parameter, Date modifier, Start date, Final year, Start date of the fiscal year ,payday rule etc...and execute.
Mohan

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If splits will be there definitely there will be two wagetypes but the amounts they'll have will be based on the rates of those periods.
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Can any one help me with changing the posting period of the company which is by mistake take as 12/2009 and i want to change it to 08/2008. I ahve already done some material movement in this and the system is not letting me change it in OMSY. Can i use MMPV to close this period and the use MMPI to open the new period as 08/2008. As this will be in past if compared to the current period in system, will there be any problems??
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XXXXXXXXXXXXXXXXXX
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Hello Viky
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Payroll - Changing the payroll period dates in live system

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