Defining Payroll

Sample Setup Steps for Defining Payroll

Before Defining the Payroll you need to make sure that you have defined the Payment Method.
You can refer the blog for defing the payment method
http://ramesh-oraclehrms.blogspot.com/2007/08/payroll-payment-method-definition.html

(N) Payroll > Description

• Set the Effective date
• Enter the Payroll Name
• Select the Payroll Type you want to Use from the List e.d Bi-weekly, Bi-Monthly, Monthly etc.
• Enter the End date of the Payroll's First Period
• Enter the number of years you want the Payroll Calendar period to be opened, Note certain process needs this date to be extended to the future e.g PTO carryover process needs payroll calendar to be opened till the end of the accrual term
• In the date offset region you can either enter positive or negative values for the number of days before and after the period end date: Check Date: is the date on which the Paycheck become negotiable; Schedule Run: Is the date scheduled for the regular each period Cut off Date: This date provides the information that that final date for entering and modifying any payroll information before the Run Pay Slip: This is always a positive number which Will prevent your employee from viewing the payslip before the actual payment is been made. Note: These Offsets date default for the calendar you can modify the date for each period based on your needs by selecting the period
• Select the Default Payment Method. this Default payment method will be used when the employee is not have the valid personal payment method
• Select the consolidation set. One consolidation will be created once you create a BG.
• In the costing region select the costing account and the suspense account. these segments are based on the Cost Allocation Flex field setup
• Select the option Negative Payment check box, if you want the the prepayment process to calculate the Negative amount
• Multiple Assignment attribute is enabled only for few legislation, This attribute enables the employee to get single payment for multiple assignment
• Further Payroll Information is completely based on the localization, each localization will have their unique attribute. This Further information Will be enabled only for the payroll customers
• Save the work
• You can select the Valid Payment Method for this employee in the Valid Payment Method form
• Select the Period dates form, you can see the periods with the default offset date defined above. If you need to close the payroll period you can change the status which will prevent from modifying the payroll period.

Try this out!!!