Payroll and OTL - EBS (MOSC)

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US PAY Multiple ROTH elements through seeded deduction template 457 deferred comp

edited Jul 24, 2015 12:24AM in Payroll and OTL - EBS (MOSC) 5 commentsAnswered ✓

Hi

457 deduction element is created through seeded deduction template 457 deferred comp. the element is linked in self-service through ICD. we have new below requirement

1) payroll is bi-weekly(twice a month). overtime gets paid monthly once, Employee wants to put this overtime money he earned into 457/Roth.

2) employee gets bonus yearly once and that amount(or less amount)  they want to put into 457/Roth.

Is there any way to automate this.

I am thinking to create multiple elements through the seeded deduction template(deferred comp). But not sure if Oracle is capable to handle the limits for different elements. there are yearly limits for 457, catchup and Roth)

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