Learn about the new Oracle AI Agent Studio for Fusion Applications: Watch Now
Progress with Redwood: Redwood Resources for Oracle Cloud HCM - Go Here
Progress with Redwood: Redwood Resources for Oracle Cloud HCM - Go Here
To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
Social Insurance calculation for UAE
Summary
How to change the list of elements considered for calculating the social insurance contribution.Content
Currently, the social insurance contribution ( UAE) for employer as well as employee is calculated on Net pay whereas it supposed to be calculated on Gross pay only.
We found that, the list of elements considered for this contribution amount is defined in the balance definition "Subject to Social Insurance".
All the Earnings, Absence and Information type elements are existing as balance feed for this balance definition. System allows us to remove the extra elements and keep only the Gross salary related elements.
Question - Is this balance definition used for Social Insurance calculation only ? And removal of many elements from this balance feed will impact any other area / formula ??
Tagged:
0