Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register
Get Started with Redwood for Oracle Cloud HCM   Begin Now
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.

Imputed Income Issue during Processing

Summary:

Imputed Income Issue during Processing

Content (required):

Imputed Income Issue - Group Term Life calculation


The element entry $2.37 exists for the pay period (biweekly). But The employee had a $3.65 imputed earnings ( 2 separate entries on run results, one with $2.37 and one with $1.28)

There seems to be an existing proration fast formula but it is not clear why there is additional $1.28 getting added. The recurring entry had got just recreated due to employee data change but the value did not change for element entry, but the pay result had variation for pay period from 19-Dec-2021 to 1-Jan-2022

The employee is on biweekly payroll but the data seems to be getting prorated incorrectly.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!