Financials 12: Payroll Fundamentals: Configuration (Global)

Course Overview

After completing this class you should be able to explain how payment methods relate to a payroll and then configure the required number of payrolls and payment methods for your employees.

You should also be able to maintain taxes such as PAYE and NIC; and maintain payments for tax credits and student loans.!

• Configure a payroll
• Set up organizational payment methods
• Maintain employer taxes
• Maintain employee taxes

Audience

• End Users
• Functional Implementer
• Technical Consultant

Prerequisites

• 11i HRMS Total Compensation Foundations

Skills Gained

• Configure a payroll to process basic earnings elements and statutory deductions
• Maintain employer and employee statutory deductions and taxes

Course Outline

Payroll Configuration Fundamentals

• Paying Your Employees
• Choosing Single or Multiple Payment Methods
• Choosing Single or Multiple Currencies
• Choosing Single or Multiple Payrolls
• Understanding the Criteria that Define a Payroll

Defining Payrolls for Your Organization

• Understanding Payment Method Types
• Defining Payment Methods
• Consolidating Results for Several Payrolls
• Defining a Payroll
• Understanding Pay Calendars
• Entering Further Information for a Payroll
• Allocating a Payroll Contact

Maintaining PAYE and NI

• PAYE and NI
• Essential Information for PAYE and NI
• Sources of Essential Information
• Entering PAYE and NI Details for an Employee
• Entering NI Details for a Director

Maintaining Other Deductions

• Maintaining Student Loans
• Maintaining Tax Credits

Costing Overview

• The Oracle HRMS Costing Solution
• Cost Distribution in HR
• Handling Rule-based Costing
• Managing Exceptions to Costing Rules

Processing Costs

• Overview of Costing and the Payroll Process
• Costing Processes in Oracle Payroll
• Making Partial Period Accruals
• Previewing Cost Allocations
• Sub-ledger Accounting
• Running Retro-Costing
• Costing Your Payments

Follow On Courses

• R12 Payroll Fundamentals: Administration (Global)

Financials 12: Payroll Fundamentals: Configuration (Global) / D48194GC10