Financials 12: Payroll Fundamentals: Administration (Global)

Course Overview

the principles involved in processing a payroll for your organization. You learn how to run your payrolls using batch processing, and QuickPay using the flexibility of Oracle Payroll. You understand the different phases of the payroll lifecycle, and see how and when to apply different processes to each payroll phase. You gain an understanding of the Payroll model, setting up pre-processing, payroll processing and post payroll processing.

You learn about making corrections to payroll processes, and which correction method to apply in different situations. The course also introduces you to making adjustments to balances, and other special payroll features.

• Identify the types of payroll processes available in Oracle HRMS
• Identify the payroll lifecycle periods
• Use advance pay and retro pay
• Make balance adjustments
• Make corrections, rollbacks, reversals and retries

Audience

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

Prerequisites

• 11i Payroll Management Fundamentals Setting Up Payroll
• 11i Compensation Management Fundamentals: Salary, Awards and Absences
• 11i HRMS Total Compensation Foundations

Skills Gained

• Understand the payroll lifecycle
• Run payrolls using batch and QuickPay processes
• Run prepayments and payments processes
• Run costing and transfer to GL processes
• Manage exceptions and corrections
• View and adjust employee balances
• Use the special features of Oracle Payroll

Course Outline

An Introduction to Payroll Processing

• Overview of Payroll Processing
• Pay Period Cycle
• Batch Processing
• QuickPay
• Balance Adjustments
• RetroPay
• Continuous Calculation
• Absence Payments

Payroll Preprocessing

• Data Entry
• Processing Third Party Payments
• BEE Features
• Retro Pay
• Advanced Pay

Payroll Processing

• Processing a Payroll
• Running a Full Payroll Run
• Group Processing
• Payroll Processing and Rollback Sequence
• Running Payroll in Batch Mode
• Making Corrections, Rollbacks, Reversals and Retries
• Consolidation Sets
• Running QuickPay

Post Payroll Processing

• Processing Payments
• Using Cheque Writer/Check Writer
• Electronic Funds Transfer
• Viewing Payrolls
• Voiding Check Payments
• Costing and Transfer to GL
• Payroll Processing Reports
• Wage and Tax Reporting

Balance Adjustments

• Balancing/Reconciling Payrolls
• Balance Dimensions
• Predefined Tax Balances
• Batch Balance Adjustment Interface
• Payroll Adjustments
• Creating Adjustment Elements
• Adjust Balance Window

Special Payroll Features

• Defining and Processing RetroPay
• Setting Up RetroPay
• Processing RetroPay
• RetroPay by Element
• Continuous Calculation
• Proration
• Event Groups
• Iterative Engine

Financials 12: Payroll Fundamentals: Administration (Global) / D48196GC10