24 Hrs
4861+ Enrollments
R12.x Payroll Fundamentals: Earnings and Deductions
The R12.x Oracle Earning Deductions and Payroll Fundamental Global Course provides hands-on training to learners to enhance their knowledge in Oracle payroll. It covers essential concepts such as creating payroll elements, earning and deduction elements, balance definitions, and fast formulas.
R12.x Payroll Fundamentals: Earnings and Deductions
Overview of Course
The R12.x Oracle Earning Deductions and Payroll Fundamental Global Course by Koenig Solutions is designed to provide an understanding of the fundamental concepts of Oracle Payroll. It covers the essentials of earning and deduction concepts and their usage in the Oracle payroll process.
Course Highlights
24/7 access to course material
Expert-led training sessions
Hands-on lab sessions
Key Differentiators
Personalized Learning with Custom Curriculum
Training curriculum to meet the unique needs of each individual
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Real-world Projects
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Skills You’ll Learn
Understanding Oracle Payroll
Creating payroll elements
Defining earning and deduction elements
Creating balance definitions
Defining fast formulas
Training Options
1-on-1 Training
Access to live online classes- Flexible schedule including weekends
- Hands-on exercises with virtual labs
- Session recordings and learning courseware included
- 24X7 learner support and assistance
- Book a free demo before you commit!
Corporate Training
- Everything in 1-on-1 Training plus
- Custom Curriculum
- Extended access to virtual labs
- Detailed reporting of every candidate
- Projects and assessments
- Consulting Support
- Training aligned to business outcomes
Unlock Organizational Success through Effective Corporate Training: Enhance Employee Skills and Adaptability- Choose customized training to address specific business challenges and goals, which leads to better outcomes and success.
- Keep employees up-to-date with changing industry trends and advancements.
- Adapt to new technologies & processes and increase efficiency and profitability.
- Improve employee morale, job satisfaction, and retention rates.
- Reduce employee turnovers and associated costs, such as recruitment and onboarding expenses.
- Obtain long-term organizational growth and success.
Course Reviews
Curriculum
- Definition and importance of earnings and deductions
- Types of earnings (regular pay, overtime, bonuses) and deductions (taxes, benefits, retirement contributions)
- Legal requirements and regulations related to earnings and deductions
- Creating earning and deduction elements
- Assigning elements to employees and payroll groups
- Element eligibility and frequency rules
- Element classification and prioritization
- Syntax and structure of payroll formulas
- Functions and operators used in payroll formulas
- Creating and modifying payroll formulas
- Calculating results of payroll formulas
- Order of processing for elements and formulas
- Creating conditional formulas and processing rules
- Understanding the impact of processing frequency on payroll calculations
- Setting up element processing frequency rules
- Creating and modifying payroll periods
- Definition and purpose of advance pay
- Creating and processing advance pay
- Recovering advance pay from future paychecks
- Definition and purpose of retroactive pay
- Setting up and processing retroactive pay
- Handling retroactive pay for multiple periods
- Understanding net-to-gross calculations
- Prorating pay and deductions based on time worked
- Using historic rates to calculate pay and deductions
- Overview of the Element Design Wizard tool
- Creating and modifying elements using the wizard
- Generating formulas and processing rules with the wizard
- Definition and types of third party payments
- Setting up and processing third party payments
- Reporting and reconciling third party payments
Meet the instructor and learn about the course content and teaching style.- Make informed decisions about whether to enroll in the course or not.
- Get a perspective with a glimpse of what the learning process entails.
Description
Target Audience:
- HR Professionals
- Payroll Administrators
- Database Administrators
- Technical Consultant
Prerequisite:
- Basic knowledge of Oracle E-Business Suite
- Understanding of Payroll concepts
Benefits of the course:
- Enhanced knowledge of Oracle Payroll
- Hands-on experience in Oracle Payroll
- Increased job opportunities
- Preparation for Oracle Payroll Certification
Exam details to pass the course:
- The course does not have any exam, but learners can opt for the Oracle Payroll Certification exam to validate their skills and knowledge.
Certification path:
- Oracle Payroll Cloud 2021 Certified Implementation Specialist
- Oracle E-Business Suite Payroll Certified Implementation Specialist
Career options:
- Oracle Payroll Consultant
- Payroll Administrator
- HR Analyst
- Technical Consultant
Why should you take this course from Skillzcafe:
Accredited Oracle Gold Partner- Expert-led training sessions
- Hands-on lab sessions
- Guaranteed to Run classes
- 24/7 support
FAQs
The course duration is 3 days.
No, there are no prerequisites to attend this course, but basic knowledge of Oracle E-Business Suite is recommended.
The training is conducted through online instructor-led sessions.
Please visit the course webpage for the latest pricing information.
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