Ans: Business Group
GRE/Legal Entity
HR Organization
Ans: Value sets
Key flex fields
Location
Ans: In oracle HRMS there are so many modules like Core HR, Payroll, Self Service HR, Oracle learning management, recruitment, Time and Labour, Compensation Workbench, Oracle Advanced Benefits, Performance Management System, etc., Core HR and System Administrator are the Heart of Oracle HRMS.
All basic setups will do in Core HR with the help of the System Administrator.
In system administrator we will create all the Users and Responsibilities, Flex fields, Profile values, etc., In core HR we will create Organizations, Locations, Jobs, Positions, Grades, Organization Hierarchy, position Hierarchy, We will create all the employees also. These are the Basic setups in HRMS.
Ans: If we want to assign the employee information to a Business Group, then we need to have HR organization classification under a business group
Ans: It is a flexible area for holding user-defined assignment data
Data can be used for grouping sets of the assignment together
People group can be used for element eligibility
This information is used by the payroll run
The data will be held in PAY_PEOPLE_GROUPS.
Group_name field holds the concatenation of segment data.
Ans: Personnel analysis flexfields
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Ans: Extra-person information
Assignment extra information
Extra location information
Extra position information
Extra job information
Organization developer DF
Ans: Switch responsibility to human resources, vision enterprises
Double click on security
Click on information types
Create your own information types under your responsibility name
Ans: Switch responsibility to human resources vision enterprises
Double click other definitions
Click on special information types
Ans: It is used to maintain record history by creating a new record when the date track mode is UPDATE and override on the existing record when the Data track mode is CORRECTION.
The value of the Data track record depends on the date
Tables ending with _F are date track tables
To control data tracked rows, every Date Track table must include the Effective start date and Effective end date.
The effective start date indicates when the record inserted
The effective end date indicates when the record updated or deleted.
Ans: There are 6 Core Flex fields are there
Job
Position
Grade
Competency
People Group
Cost Allocation
Ans: Element entry is to define element yet here enter that is Earning element or deduction element then calculate net pay.
Ans: Elements are nothing but the components of the salary.
Eg. Basic, HRA, TA, BONUS, Loans, etc., There are 2 types of Processing
Recurring: if an entry of this element applies in every period until the entry is ended
Non-Recurring: if an entry applies in one pay period only.
Ans: Termination Rules of an Element:
Actual Termination: For a nonrecurring element, select Actual Termination if you want the entries to close down at the end of the pay period in which the employee leaves.
Final Close: if you want the entries to stay open beyond the employee's leaving date so that you can continue to pay the employee.
The Last Standard Process date defaults to the last day of the pay period in which the employee is terminated, but you can set it to a later period when you terminate an employee.
Ans: Date Track modes are:
Update Correction
Ans: This is an open interface specially designed for elements. With BEE we can quickly incorporate mass updates in any specific elements.
Ans: Reversal can be used to correct run results for one assignment after post-run actions have already occurred. Retry is for correcting mistakes after a payroll process finishes.
Ans: Worker’s Compensation and Vertex (Vertex is a third party software to calculate US Canadian taxes) using Quantum files. (It is part of Vertex software which will be updated as and when the tax and legal rules are changed by the US/Canadian Government. So we keep getting the Vertex patches to bring Quantum files with the up to date tax rules and conditions)
Ans: Consolidation Set: A grouping of payroll runs within the same time period for which one can schedule reporting, costing, and post-run processing.
Ans: Payroll Name, Period Type and Start Date
Ans: Elements are the building blocks for earnings, deductions, etc. of a Payroll.
Salary Basis
The salary basis is the duration on which the salary is reckoned. It is a rule to administer pay.
Define – Quick Pay & Batch Processing When calculating pay, we can use either
- Quick Pay Process, which is for one employee or - Batch Process for all employees together
What is Retro Pay, Advance Pay & Absence Pay - Retro Pay – Payment for any previous cycle in the current payroll run - Advance Pay – Payment for any future cycle/advance in the current payroll run - Absence Pay – Payment for leaves like sick leave, maternity leave, annual leave, and other statutory leaves
Ans: Fast formulas are pseudo codes used in the payroll for validating the entry values, assignment sets, and element sets.
Post Payroll Process
Three concurrent processes will run in the Post-Payroll process, viz.
Pre-payment Process
Costing Process &
Transfer to GL Process
Ans: Third-Party payments are also known as Wage Attachments, Wage Garnishments, and Court orders in different localizations. 3rd party payments are deductions from earnings incurred by Court debts or fines. For example, payment of maintenance, child support, or other legally incurred obligations.
Ans: BACS: Banks Automated Clearing System. This is the UK system for making direct deposit payments to employees.
NACHA: National Automated Clearing House Association. This is the US system for making direct deposit payments to employees.
Ans: Yes, Oracle Payroll enables you to run part payrolls. This is useful in each of the following circumstances where you do not want to process payroll for the entire organization.
Ans: On completion of a payroll run you will need to verify that the run completed successfully. You can display run messages and view the latest balances and assignment level results. You may also need to have relevant information grouped by topic in the report format so that you can review the outcome of processing.
Ans: Oracle Payroll enables you to make each of the following types of adjustments when a payroll run has completed.
- Addition of late entries that were not included in the initial run - Corrections to details that were wrongly entered in the initial run - Retrospective distribution of current payments to the period in which they were earned
When you have made these corrections and modifications you can then run the payroll again. However, you do not need to rerun the entire payroll. Oracle Payroll will only reprocess those items that were incorrect in the initial run.
Ans: Oracle Payroll enables you to use the results of a payroll run to allocate payments to your employees, and to provide costing information.
Ensuring that Employees are paid by the Correct Payment Method
When a payroll run has completed you need to pay each employee according to the payment methods that you have specified. You may also need to override the predefined payment methods where employees are receiving special payments such as bonuses, which may not be paid by the usual methods of payment.
Ensuring that Costing Information can be provided
On completion of a payroll run, you may need to distribute the associated costs across particular cost centers. Oracle supports this using the Cost Analysis module.
Ans: Payroll processes and reports are always submitted and always run in the local language only. This means that US and UK payroll reports can only be run in English.
Ans: Yes. Oracle Payroll is fully integrated with Oracle Cash Management. This enables you to use Oracle Cash Management to verify that payments have been cashed. Reconciliation can be applied to payroll checks (cheques) and third-party checks. You can identify which checks have been cleared and the date on which they were cleared. You can also view a reconciliation report which shows if voided checks appear to have been cashed.
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