11i Payroll Management Fundamentals: Processing Payroll   

What you will learn:

This class covers the principles involved in processing a payroll for your organization. You will learn how to run your payrolls using batch processing, and QuickPay using the flexibility of Oracle Payroll. You will understand the different phases of the payroll lifecycle, and will see how and when to apply different processes to each payroll phase. You will gain an understanding of the Payroll model, setting up pre-processing, payroll processing and post payroll processing. You will learn about making corrections to payroll processes, and which correction method to apply in different situations. Demonstrations and hands-on practices reinforce assist the student in completing this course.

Learn to:

• Identify the types of payroll processes available in Oracle HRMS

• Make balance adjustments

• Identify the payroll lifecycle periods

• Make corrections, rollbacks, reversals and retries

• Use advance pay and retro pay

Audience:

• Support Engineer

• Functional Implementer

• Sales Consultants

• Technical Consultant

• End Users

Prerequisites:

Required Prerequisites:

• 11i HRMS Total Compensation Foundations

• 11i Payroll Management Fundamentals: Setting Up Payroll (U.S.)

Course Objectives:

• Use the special features of Oracle Payroll

• View and adjust employee balances

• Run payrolls using batch and QuickPay processes

• Run prepayments and payments processes

• Manage exceptions and corrections

• Run costing and transfer to GL processes

Course Topics:

11i Payroll Processing

An Introduction to Payroll Processing

• Overview of Payroll Processing

• Batch Processing

• QuickPay

• Balance Adjustments

• Retro and Advance Pay

• Continuous Calculation

• Absence Payments

Payroll Preprocessing

• Data Entry

• Processing Third Party Payments

• Making Batch Element Entries

• Retro Pay and Advance Pay

Payroll Processing

• Processing a Payroll

• Running a Full Payroll Run

• Making Corrections, Rollbacks, Reversals and Retries

• Processing Prepayments

• Running Subsets

• Processing one-time changes

• Running QuickPay

Post Payroll Processing

• Processing Payments

• Using Cheque Writer/Check Writer

• Electronic Funds Transfer

• Viewing Payrolls

• Payroll Processing Reports

• Wage and Tax Reporting

Balance Adjustments

• Balancing/Reconciling Payrolls

• Payroll Adjustments

• Voids and Reversals

• Transfer to GL

Special Payroll Features

• Processing Retro Payments

• Processing Advance Payments

• Defining and Processing Continuous Calculations

• Prorating an Employee's Earnings

• Defining Oracle's Iterative Engine

Payroll Processing Conclusion