By the end of this training you will be able to explain the relationship of organizational payment methods to payrolls, and then configure the required number of payrolls and payment methods for your organization. You should also be able to enter costing information, and run the Costing process for your payrolls. You can maintain employer and employee taxes. For example, you should also be able to set up employer taxes, enter tax information for a GRE, set up Federal, state and local taxability rules, and calculate FUTA credits. For employee taxes, you can set up employee taxes, apply overrides and set up W-2 information.
Preview
By the end of this training you will learn to:
- Configure a payroll
- Set up organizational payment methods
- Maintain employer taxes
- Maintain employee taxes
- Understand what costing set up is required to cost your payrolls.
Course Contents
Day 1
Payroll Configuration - Introduction
Objectives
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
Day 2
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
Day 3
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
Processing Costs
Payroll Configuration Fundamentals - Summary
Payroll Configuration - Summary
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