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!
Adjusting Withheld Taxes Retroactively (Related to Q2 2018 Patch)
Hello,
We applied the Q2 patch in time for August monthly payroll but it included a new Oregon tax effective July 1. What is the best way to withhold those additional taxes in next pay period that should have been withheld in July? Would we manually calculate the amount that should have been withheld in July and create a State_MISC1_RS element entry in the following month? Is there a better method that uses Oracle's internal taxation math? The documentation refers to the Adjust Balance form, but that doesn't change the employee's actual tax withholdings.
Thank you in advance,
Nick