How to configure Award Noncash as an Imputed Earnings element?
Summary:
We have two elements as described below in Oracle HCM.
The following element performs the gross-up of the taxes that are due for the value of the Net Amount (i.e gift card of $300).
Element Name: Imputed Grossup Award
Primary Classification: Imputed Earnings
Secondary Classification: Noncash Award
The following element creates the additional earnings needed to withhold the proper taxes.
Element Name: Award Noncash2
Primary Classification: Imputed Earnings
Secondary Classification: Noncash Award
Goal: We currently have an Award Noncash element that is setup as Primary Classification = Supplemental Earnings. For our organization, it needs to be setup as an Imputed Earnings element which is why we created Award Noncash2 as Primary Classification = Imputed Earnings. Although, we have encountered 2 issues.