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How to use the 50 Columns for External Data in Compensation module?

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Need to know the functionality within the Compensation module in relation to External Data.

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If have multiple workforce compensation plans, are the 50 columns to be used between plans and cycles with distinct columns? Or can the 50 columns be used per each workforce compensation plan? Note, I did reach Oracle implementation guides but did not find much details. Thank you.

Version (include the version you are using, if applicable): N/A

Code Snippet (add any code snippets that support your topic, if applicable): N/A

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