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Oracle Payroll: Prepared by
Oracle Payroll: Prepared by
Content:
Day-1
Set up Compensation and Benefits.
Define a Payroll.
Write basic Oracle Fast Formula.
Set up People and their Assignments.
Day-2
Managing Payroll Process.
Process corrections to a Payroll.
Manage Post Payroll Run Processes.
Conclusion.
Setup Compensation
Formulas
Design
Methodology
Element Links
Balances
4
Element
Definition
Element
Link
Element
Entry
Element Link
Element Link
Balances
Show the positive or negative accumulation of
particular values over period of time.
These are generated by payroll runs and hold pay
values or other related values such as time periods
and number of employees.
Oracle Payroll balances are in two categories:
Startup Balances:
These are mainly legislative, i.e. they reflect the tax legislation of the
country where your enterprise is located.
User-Defined Balances:
10
Payroll Definitions
For HR and payroll installations, the definition of a payroll is
necessary if elements (compensation and benefits) will be used.
A payroll is required to give a set of employees salaries with a
single frequency.
Can define as many payrolls as required to meet the pay
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Salary Basis
13
Fast Formula
15
16
Setup Employee
Employee Assignment
Viewing Payroll
Process Results
Managing other
Payroll Processes
Processing corrections
to Run Results
Managing Post-Run
Processes
Quick Pay
Starters/Leavers
22
Enables you to carry out payroll processing for individual employees. You
can use QuickPay to pay employees who are leaving and who require payment
in mid period of payroll.
If an employee asks what their net pay will be this month, you can run QuickPay to find the
answer, then roll it back to remove all results from the database.
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S.O.E. of Employee
Corrections in Payroll
Sometimes it is necessary to make corrections to payroll runs.
After running a payroll and viewing the results, you can make corrections,
adjustments and changes when the payroll process require this,
By using of process like :
Retry:
Reversal :
Rollbacks : Use to correct a payroll run without keeping any record of the original run.
You can roll back :
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Prepayment process
Costing
Transfer To GL
32
Prepayments:
Prepayment Status
BACs Process:
BACS Result
Costing:
39
Costing Result
Transfer To GL:
Conclusion
This presentation covered topic:
Compensations and benefits.
Setup of payroll process.
Correction process.
Post payroll process.
Thank You