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Tax Update 25C - Question about new field on ps_pay_distributn record

Good afternoon—-

Our company runs compare reports while applying the Tax Update. We found a new field on the ps_pay_distributn record called DIRDEP_EFFDT but unable to find any information about the new field. I was on the 25C webcast and do not recall any mention of this new field on the record. Does anyone know where I can find information on this field?

Thank you!

User_EI3DH

2

Re: FIXED ASSET QUESTION

Hello,

You can use the R12108 (Asset Transfer) report to transfer a group of assets from one company to another company.

Please see this document on that R12108 UBE for more information:
E1: 12: Overview Asset Transfer Setup (R12108) (Doc ID 1385334.1

If there are issues with the transfer, please open a SR service request for specific assistance.

GarrettA-Oracle

1

How to Assign a Notification Name for Custom Approvals That Are Blank in the Transaction Registry

For some custom approvals, the "Notification Name" field is blank in the 'Register Transaction' page.

In order to send and receive notifications, this document explains how to assign one since the Notification Settings page does not have corresponding entries for these custom approvals.

Doc ID 3103962.1. http://bit.ly/3Lhy2jw

Candiceg-Oracle

1

Re: OBBBA Overtime Employer Reporting Requirements

Hi Sarah,

I think the information on that page is a little out of date, but it does note the following:

"Guidance: By October 2, 2025, the IRS must publish a list of occupations that “customarily and regularly” received tips on or before December 31, 2024.
- The IRS will provide transition relief for tax year 2025 for taxpayers claiming the deduction and for employers and payors subject to the new reporting requirements."

The IRS has since indicated that "Form W-2, existing Forms 1099, and Form 941 and other payroll return forms will remain unchanged for TY 2025.”

This was indicated in an IRS Newswire email sent on August 7th 2025:

“Form W-2, existing Forms 1099, and Form 941 and other payroll return forms will remain unchanged for TY 2025.”

The IRS Newswire email also stated: “Looking ahead to TY 2026-The IRS is working on new guidance and updated forms for TY 2026. These will include changes to how tips and overtime pay are reported. The IRS will coordinate with employers, payroll providers and tax professionals to ensure a smooth transition.

More information will be shared in the coming months about how taxpayers can claim OBBBA-related tax benefits when they file their returns. The Treasury Department and the IRS are preparing additional guidance for both reporting entities and individual taxpayers.”

Earlier this week, the IRS supplied early release draft copies of the employee W-2 and W-2c for 2026. These forms contain changes to Box 14 and the addition of new Box 12 codes to accommodate the no tax on overtime/tips, etc included in the OBBB. The tracking bug 38182993 - REPORT FEDERAL EXEMPT OVERTIME EARNINGS ON EMPLOYEE W-2 will be used to track the W-2 changes. (I will need to log another to track the changes to the W-2c for 2026.) However, note that any changes to the 2026 employee W-2/W-2c will be delivered for next year end, and would require the official/final forms to be published by the IRS.

There are still a lot of unknowns about the no tax on overtime/tips provisions included in the OBBB, so we are closely monitoring the IRS for further guidance to be issued.

Justine Fitzsimmons-Oracle

1

Re: Peoplesoft patch related to OBBBA(One Big Beautiful Bill Act)/ No Federal Tax on Overtime & Tips?

How is the system equip under delivered configuration to support employers that pay overtime as a cumulative rate instead of an isolated premium, in other words how will employers be able to isolate the 0.5 in the 1.5 per hour for proper reporting with out customizations?

User_UR51A

1

Import Journal Process

I am unable to see ledger while scheduling Import Journal process though i have general accountant role & general accounting manager role and proper data Access for Data access

Raviteja.Velpuri

1

Re: Is there a tool/script that I can use to probe my on-premise FMW installation.

There is no such tool for Middleware. You have the Patch Advisor which is the recommended place to collect the latest patches. I personally pull the data(patch numbers) from the tables for the various product suites to compare with what my environments have. The SPBs will get you most of the way there and anything else tends to be a few one offs. OPatch handles if a patch is not needed or alerts for a conflict that I need to handle. I would suggest using the -report functionality which will mock apply so you can get an idea what to expect before your down time.

If you are collecting inventory and component information, I would suggest collecting the xml versions to make analysis easier. eg:

Component Inventory
Linux/unix command
$ORACLE_HOME/oui/bin/viewInventory.sh -output_format xml -output_file /tmp/comp.xml
Windows command
%ORACLE_HOME%\oui\bin\viewInventory.cmd -output_format xml -output_file C:\temp\comp.xml

Patch Inventory (lsinventory):
Linux/unix command
$ORACLE_HOME/OPatch/opatch lsinventory -xml /tmp/lsinv.xml
Windows command
%ORACLE_HOME%\OPatch\opatch lsinventory -xml C:\temp\lsinv.xml

Nick [Application Server] -Oracle

2

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