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Absence quota

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Hello friends. I am new to SAP HCM. I am very confused with regards to absence quota, attendance quota etc, I mean I know how to configure absence quota but do not know the reason behind it. I am also confused with the link between infotype 2001, 2001. 2006, 2007, 50 etc. Please explain me the concept and the basic gist about it, i know the configuration.


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