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How can we do Final settlement in Oracle Payroll?
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Answer / sirisha ogirala
1).For terminating an employee some elements needs to be
attached. The elements are as follows:
a).Retrenchment Compensation Information
b).Voluntary Retirement Information
c).Commuted Pension Information
d).Leave Encashment Information
e).Other Termination Information
f).Provident Fund Settlement Information
2).Link all these elements to your Payroll.
3).Attach all the above elements in your entries
4).Run quick pay for that particular employee.
| Is This Answer Correct ? | 10 Yes | 5 No |
Answer / victor
Each Company differs in the selection of the elements
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / salmiah
1) first you shoud manage all the formula process to
calculated until teminated employee date
2) Create anther type of payroll type Run- Final settelment
3) Run the payroll
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / bhavneshbhat
1.For terminating an employee some elements needs to be
attached to payroll of that employee. The elements like
allowances gratuity etc are to be attached with their pay
value.
2.Go to end employement of that particular employee master
and put an end date to it.
3.then run the quick pay for that person.
| Is This Answer Correct ? | 1 Yes | 1 No |
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