Oracle Payroll: Prepared by
Oracle Payroll: Prepared by
Oracle Payroll: Prepared by
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Content:
Day-1
Set up Compensation and Benefits.
Define a Payroll.
Day-2
Managing Payroll Process.
Conclusion.
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Setup Compensation
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Payroll Design Methodology
Elements
Balances
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Three Steps to setup an element
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Window To Define Elements
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Element Link
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Element Link
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Balances
User-Defined Balances:
• Defined to meet your particular additional requirements.
• Defining a balance includes defining its feeds and dimensions.
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User Defined Balances
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Payroll Definitions
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Window to Create Payroll
Salary Basis
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Window To Salary Basis
Fast Formula
payroll processing.
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Write Fast Formula
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Formula Link To Element
Employee and their Assignment
Create Employee
Create Employee Assignment
Setup Employee
Employee Assignment
Element Entry Values
Payroll Life Cycle
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Payroll Run Process
QuickPay:- 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.
Run payroll for set of employees:- Enables you to carry out payroll
processing for individual employees.
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Single Employee Payroll Process-
QuickPay
Batch Employee Payroll Process
View Payroll Process
View Payroll Results(Run)
View Payroll Results(Quickpay)
S.O.E. of Employee
Corrections in Payroll
Reversal : Use to correct a payroll run when post-processing has already occurred.
Rollbacks : Use to correct a payroll run without keeping any record of the original run.
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Request for Correction of Payroll
Managing Post Run Processes
Once you have run the Payroll Process and you are satisfied
with the results, you want to distribute payments to
employees.
Then you can run the various processes required to complete
the payroll process:
• Prepayment process
• Payment Methods(BACS, Check Writer, Cash)
• Costing
• Transfer To GL
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Prepayments: The PrePayments Process enables you to allocate employee
payments between the payment methods that has defined.
View Payroll Process Results
Prepayment Status
BACs Process: Use the BACS to make direct deposit payments to your
employees.
Prepayment Status after BACS
BACS Result
Costing: Recording the costs of an assignment for accounting and reporting
purposes.
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Costing Result
Transfer To GL: Costed payroll data needs to posted in general ledger.
Conclusion