Name: 11i Compensation Management Fundamentals: Earnings and Deductions
Course Code: OR17306
Duration: 2
Scheduled Dates for OR17306
This course provides you a thorough knowledge on setting up payroll earnings and deductions in your organization. You learn about the role of definitions that Oracle Payroll uses to process earnings and deductions. The course also deals in detail with payroll balances and how you can write formulas to define payroll balances. You learn about third party payments and how you can set up a third party payment. You also learn how to initiate, set up, and manage deductions for retirement plans.
Target Audience
Support Engineer
Functional Implementer
Sales Consultants
Key Topics
- Introduction to Earnings and Deductions
- Earnings and Deductions (US/Canada)
- Element Setup for Payroll
- Third Party Payments
- Savings and Retirement (US)
- Savings and Retirement (US)
Objectives
- Provide knowledge of setting up payroll earnings and deductions in an organization
- Use predefined earnings types
- Understand the role of payroll balances, and define new balances and balance feeds
- Write or configure simple payroll processing formulas
- Set up third party payment methods
- Define and administer wage attachments
- Define deferred compensation plans and tax sheltered annuities
- Set up and use catch-up provisions
Required Skills/Experience
- Knowledge of common compensation and benefits administration practices
- 11i HRMS Total Compensation Foundations
Suggested Next Course(s)
- 11i Compensation Management Fundamentals: Salary, Awards and Absences
- 11i HRMS Advanced Benefits Fundamentals
Note
Suggested Prerequisites:
Basic computing skills and understanding of Oracle Apps
Fee: $1,500.00
Course Schedule:
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