11i Payroll Fundamentals Earnings and Deductions (US)
What you will learn:
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. 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 third party payment. You also learn how to initiate, set up, and manage deductions for retirement plans.
- Set up third party payments
- Define payroll balances
- Write payroll formulas
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Schedule/Purchase
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Training Formats
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Price
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Duration
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View Schedule (Link)
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Instructor-Led Training
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SAR 7031.25
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2 Days
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Audience:
- Support Engineer
- Functional Implementer
- Sales Consultants
Prerequisites:
Required Prerequisites:
Suggested Prerequisites:
- Basic computing skills and understanding of Oracle Apps
Course Objectives:
- Provide knowledge of setting up payroll earnings and deductions in an organization
- Use predefined earnings types
- Understand the role of payroll balances, and define new balances and balance feeds
- Write or configure simple payroll processing formulas
- Set up third party payment methods
- Define and administer wage attachments
- Define deferred compensation plans and tax sheltered annuities
- Set up and use catch-up provisions
Course Topics:
Introduction to Earnings and Deductions
- Introduction to Payroll Earnings and Deductions
Earnings and Deductions (US/Canada)
Element Setup for Payroll
- Payroll Balances
- Writing Formulas
- Defining Formula Results and Processing Rules
- Controlling the Frequency of Processing an Element
- Advance Pay
- Retropay
- Proration, Historic Rates, and Net-to-Gross
Third Party Payments
- Managing Third Party Payments
- Wage Attachments (US and Canada)
Savings and Retirement (US)
- Deferred Compensation Plans and Tax-sheltered Annuities
- State Retirement System Plans
Savings and Retirement (US)
- Deferred Compensation Plans and Tax-sheltered Annuities
- State Retirement System Plans
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