Oracle HRMS Payroll Earning & Deduction course offers complete understanding of payroll earnings and deductions in an organization. Participants also learn the role of Oracle Payroll definitions in order to process deductions and earnings. Not only this, it also offers knowledge about templates and implementation features available in Oracle HRMS for an enterprise environment. You will also get to know about writing formulas to define payroll balance, and using Retro Pay and its set up. You will also learn to deal with third party payments and how to set up deductions and third party payments. Participants will gain skills to initiate, configure, and manage deductions of retirement plans.

Schedule & Prices

Course Prerequisites

• Basic Knowledge of Human Resource Management
• Knowledge of common compensation and benefits administration practices

Upon Completion of this Course, you will accomplish following:-

• Defining and managing wage attachments
• Using predefined earning types
• Setting up pension schemes, types, and providers
• Defining new balances and balance feeds, while understanding the role played by payroll balances
• Setting up payroll deductions and earnings in an organization
• Defining and understanding tax sheltered annuities and deferred compensation plans
• Writing and configuring general formulas for payroll processing
• Setting up and using catch-up provisions
• Configuring professional body membership deductions and union deductions
• Setting up enhanced Retro Pay
• Running the reports for Union Deductions report
• Using element design wizard
• Managing and incorporating arrears