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Employees as customers and suppliers

edited Jan 20, 2019 4:03AM in Payroll and OTL - EBS (MOSC) 1 commentAnswered

Dear Experts,

I have 2 queries:

1) Currently we have created employees as suppliers and customers in AP & AR modules respectively. Is it possible to use HCM and avoid the need to create employees as customers and suppliers?

2) What are the accounting entries in HCM when

     a) Issuing a loan to the employee/deductions for insurance/advance salary recoverable in 3 months.

     b) Paying of commission/incentive

   

Apart from answering the above queries, Please also share any white paper if you can, so that we get an over all idea on the integration of HCM to oracle fin modules.

Also is it true HCM only integrates to General Ledger and not modules like AP/AR.

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