R12.x Oracle Payroll Fundamentals: Earnings and Deductions (US)

This course will be applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1.

This course provides you a thorough knowledge on setting up payroll earnings and deductions in your organization. You learn about the role of definitions that Oracle Payroll uses to process earnings and deductions. You also learn about the templates and other implementation features available for earnings and deductions in your localization.

The course also deals in detail with payroll balances and how you can write formulas to define payroll balances. You learn about third party payments and how you can set up a deduction and third party payment. You also learn how to initiate, set up, and manage deductions for retirement plans.

Learn to:

• Identify the earnings and deduction definitions in Oracle Payroll
• Use templates for implementation of earnings and deductions
• Explain the role of payroll balances
• Define new balances and balance feeds
• Write simple payroll processing formulas
• Manage deductions for retirement plans

A Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.

Audience

• Support Engineer
• Technical Consultant
• End Users
• Functional Implementer

Course Topics Introduction to Earnings and Deductions

• Introduction to Payroll Earnings and Deductions

Earnings and Deductions

• Predefined Earning Types
• Recording Hours Worked and Not Worked
• Labor Recording Element
• Termination Rule for Predefined Earnings
• Initiating Earnings and Deductions
• Special Inputs Element
• Configuring Generated Components
• Initiating an Earnings Type

Deductions

• Initiating a Deduction
• Start Rules
• Stop Rules
• Amount Rules
• Managing Arrears
• Pre-tax Deductions
• Multiple Pre-tax Deductions
• Deductions – Balances

Element Setup for Payroll

• Balances
• Predefined Balance Dimensions
• Balance Attributes
• Balance Categories
• Base Balances
• Defining Balances Feeds
• Defining Feeds Using Element Classifications
• Creating Individual Balance Feeds

Batch Element Entry and Linking Elements

• BEE Process
• Data Entry Using BEE
• Entering Batches
• Entering Batch Lines
• Batch Control Totals
• Purging a Batch from BEE
• Rolling Back Entries Created by a Batch

Writing Formulas

• Types of Formulas
• Formula Components
• Using the ROUND Function
• Aliases
• Setting Default Values
• Database Items
• Defining Formula Results and Processing Rules

Controlling the Frequency of Processing an Element

• Frequency Rules
• Skip Rule Formulas
• Skip Rule Formula Example

RetroPay

• RetroPay Process
• Types of RetroPay
• Enhanced RetroPay Example
• Setting Up RetroPay by Element
• Setting Up Enhanced RetroPay
• Running Enhanced RetroPay
• Costing RetroPay Results
• RetroCosting

Net-to-Gross and Proration

• Creating a Net-to-Gross Earnings Type
• Net-to-Gross Processing Excluding Balances
• Proration Setup
• Rate Type Information
• Contract Types Table

Third-Party Payments

• Entering Third-Party Payments for an Employee
• Payee: Organization
• Payee: Contacts
• Recording Third-Party Payments for an Employee
• Managing Deductions
• Third-Party Processing Priorities
• Protected Earnings
• Producing Checks/Cheques for Third-Party Payments

Wage Attachments

• Involuntary Deductions
• User Defined Wage Attachments
• Wage Attachment Rules
• Wage Attachment Fee Administration

Savings and Retirement (US)

• Retirement Savings Plans
• Deferred Compensation Plans and Tax Sheltered Annuities
• Pre- and Post-tax Contributions
• Employer Matching for 401(k), 403(b), and 457
• Catch-up Provisions
• Input Values on Catch-up Element
• Setting Up Deferred Compensation Plans and Tax-sheltered Annuities

HR/Payroll Extracts

• Extract HR/Payroll Data for Reporting
• Predefined Extracts
• Configuring HR/Payroll Extracts
• Using HR/Payroll Extracts
• Running HR/Payroll Extracts

State Retirement System Plans

• State Retirement System Plans
• Defined Benefit and Contribution Plans
• Generated Elements
• Plan Element and Inputs
• Grandfathering Options
• Ten Year Rule
• State Retirement System Extract
• Setting Up State Retirement System Plans

Course Objectives

• Explain the role of payroll balances
• Define new balances and balance feeds
• Use the Element Design Wizard
• Use predefined earnings types
• Manage arrears
• Define deferred compensation plans and tax sheltered annuities
• Set up and use catch up provisions
• Set up payroll earnings and deductions for your organization
• Provide editing and validation capabilities for earnings and deductions