An introduction to payroll administration

Preview:

Citation preview

AN INTRODUCTION TO PAYROLLADMINISTRATION

OVERVIEW OF PAYROLL ADMINISTRATION

Processing

Options

Adjustments

SpecialFeatures

PAYROLLS

Groups of Employees Assignment Sets Consolidation Sets

Pay Pay

PROCESSING OPTIONS Batch Submission QuickPay

Payrollgroup

Oneemployee

THE PAY PERIOD CYCLE

Regular Pay• Once per

period• Data-Entry• Batch Process

Processing Actions• Calculate Gross to Net• Prepare and Disburse

Payment• Accumulate & Transfer

Costs

Data EntryStart

Cut-off Payroll Run

Prepayment Payment

Costing

BATCH PROCESSING

PredefinedProcesses

CheckResults

Retry

Rollback Interlocking

HOW MULTI-PROCESSORS FACILITATE BATCH PROCESSING OF PAYROLL

Assignment Set Processors Results

CHUNK_SIZE = 20

CHUNK_SIZE = 20

QUICKPAY

Calculate Pay Consolidate

QuickPay

BALANCE ADJUSTMENTS Balances indicate the accumulation of defined

values over a period of time. Balance adjustment elements are used to make

manual changes to the run result for an element.

RETROPAY AND ADVANCE PAY RetroPay – allows you to back pay employees, in

the current payroll run. Advance pay – allows you to pay employees in

advance, in the current payroll run.

RetroPay Advance Pay

CONTINUOUS CALCULATION Continuous calculation:

Enables you to spread payroll processing throughout a payroll period.

Uses triggers to establish when to run the payroll processes.

ABSENCE PAYMENTS Oracle Payroll enables you to pay your employees for:

Sick leave Maternity leave Annual leave Other statutory leave

SUMMARY On completing this module you should be able to:

Name the processing actions within each pay period cycle

Describe the processing options that exist for a payroll

Explain the purpose of balances and balance adjustment

Distinguish between RetroPay, continuous calculation, and absence payments

Recommended