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UK PAY: Staged Overpayment Recovery
Our customer in UK has a payroll requirement to do staged recovery for overpayments. For example if the employee is paid 3000 pounds extra in the previous month then they don't want to recover this amount in the current month rather they would want to recover the overpayment in 3 to 6 months time (after communicating & agreeing with employee). Is there any standard feature in Oracle Payroll to recover the overpaid money in stages? I am not sure if I can use standard Retropay process to recover the overpayments in stages.
If there’s no standard feature available to do this then what’s best approach to implement this requirement.