Payroll Management is a fundamental business requirement demanding compliant and accurate financial controls in a timely manner. Oracle Payroll, a rules-based payroll management system, will assist in controlling the workforce costs; ensure the entire workforce is being paid on time and according to your compensation rules. Fully integrated with Oracle Financials, Oracle Payroll is based on a global HRMS engine with country-specific localization extensions to better manage your global HR operations.
A payroll is a set of employees whose pay you process with a single frequency, for example, weekly or monthly. You can define as many payrolls as you require to meet the pay policies of your enterprise. You put an employee on a payroll by assigning him or her to the payroll.
This video demonstrates How to Define Payroll in Oracle EBS R12 HRMS:
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