R12 Payroll Fundamentals Configuration (Global)
What you will learn:
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.
Learn To:
- Configure a payroll
- Set up organizational payment methods
- Maintain employer taxes
- Maintain employee taxes
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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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Instructor-Led Training
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SAR 3517.5
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2 Days
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Audience:
- End Users
- Functional Implementer
- Technical Consultant
Prerequisites:
Required Prerequisites:
Course Objectives:
- Configure a payroll to process basic earnings elements and statutory deductions
- Maintain employer and employee statutory deductions and taxes
Course Topics:
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
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