Announcements for Payroll and OTL can now be found in the Announcements - Payroll and OTL - EBS (MOSC) subcategory. Follow to be sure you don't miss a thing!
Payroll Accounting Process
Hey guys i need your advice on an urgent basis
My client is currently using HCM and Oracle Financials.
They have centralized payroll system and i have to map it in Oracle Payroll. I am done with setup but confused about the accounting results especially after costing process.
Let me discuss some relevant points related to client first of all its bank and using International HCM.Their BSV is Segment 2 that is Department and Segment 4 is cost centers. They create salary at Head office level and transfers all the costs except the Head office employees to the relevant Branches. Employees Funds and Tax remains at Head office and rest distributed on the respective cost centers.