Oracle Payroll Training | Oracle HRMS Payroll System

About this course

Oracle Payroll Training with Live Meeting SupportA payroll is a set of employees whose pay you process  with a single frequency, for example, weekly or monthly. You can define as many payrolls as you require to meet the pay policies of an enterprise. Payroll Management is a fundamental business requirement demanding compliant and accurate financial controls in a timely manner. Oracle Payroll, a rules-based payroll management system, will assist in controlling the workforce costs; ensure the entire workforce is being paid on time and according to your compensation rules. Fully integrated with Oracle Financials, Oracle Payroll is based on a global HRMS engine with country-specific localization extensions to better manage your global HR operations. Using Oracle HRMS you can run a payroll, perform post processing on a successful payroll, and also make changes and corrections for a payroll that has not completed successfully. From this course you will get a clear idea of Introduction to Payroll Processing, Defining Payment Methods, Defining Payroll Elements, Reductions, Balances, Making Batch Element Entry (BEE), Employee Creation, Element link to Employee, Flex Fields, Define Payroll, Link Payroll to Element, Payroll, GL Flex field mapping, Assign Payroll to Employee, Employee Details Setup, Introduction to Functions, Menus, Fast Formulas, Creation of Fast Formulas and Payroll Process Run.

Course objectives

• To teach the basics of payroll processing using Oracle Payroll
• To help students set up and manage payroll elements
• To enable learners to link payroll configurations to employee profiles