Monday, 25 September 2017

FUSION HCM: PAYROLL BALANCES

FUSION HCM: PAYROLL BALANCES  :


1.Payroll Balance Definitions :
Payroll balances show the accumulation of values over a period of time. Payroll processes, such as Calculate Payroll and Calculate Gross Earnings, update the balance values. The values can be currency, hours, or any other numeric value.
You manage balance definitions in the Payroll Calculation work area.Most of the balances you require are predefined, and depending on your country extension, the application creates additional balances automatically when you create elements.
You can edit the definition of these generated balances, or create additional balances for calculations or reporting.

2.Balance Dimensions :
 Each payroll balance can have multiple dimensions, which define the specific value to retrieve. Balance dimensions are
predefined and typically combine these components:
• Time span, such as run, period to date, or fiscal year to date
• Employment relationship level, either assignment, terms, or payroll relationship
• Context, required for some balances only, such as tax reporting unit, element, or payroll
For example, if you select the Core Assignment Tax Unit Year to Date dimension for the Gross Earnings balance, you create
the defined balance GROSS_EARNINGS_ASG_TU_YTD. This defined balance accumulates gross earnings for an assignment
in a specific tax reporting unit from the beginning of the calendar year to date.

3.Balance Feeds :
You can feed payroll balances by element input values and by run results from all the elements in a classification.
Balance Feeds by Element:
Balance feeds by element indicate one or more element input values to add or subtract from a balance. For each balance feed, all input values must use the same unit of measure. For example, you wouldn't mix money and hours in the same balance feed.
Each element and input value can be the primary feed for one balance only. When you create an element, the element template creates this balance and feed automatically.
Balance Feeds by Classification :
Balance feeds defined by primary or secondary element classification or by a subclassification use the input value that has the special purpose of primary output value. The unit of measure of this input value must match the unit of measure of the balance.
If you add a primary classification as a balance feed, you can't add its children from the secondary or subc lassifications.
For example, if you use the Supplemental Earnings primary classification as a balance feed, you can't also use any other children of Supplemental Earnings. Also, you can't use both secondary classifications and sub classifications in the same balance feed.
Balance Feeds for Initial Balance Loading
You can select elements in the Balance Initialization classification to feed a balance for initialization purposes only. Select one
element for each level of the employment hierarchy associated with a dimension that you want to initialize.
4.Balances in Net-to-Gross Calculations :
You can determine which deduction balances the net-to-gross processing uses to calculate the gross amount from the desired net amount for an earnings element. You set the default values on the Manage Balance Definitions page.
You can also fine-tune which of the enabled balances are included for a specific net-to-gross earnings element.
Enabling Inclusion in Net-to-Gross Calculations
The Balance Dimensions page of the Manage Balance Definitions task shows which dimensions are enabled for inclusion in net-to-gross calculations. It also shows which of the enabled dimensions are included by default for each new net-to-gross earnings element.
Excluding Balances from a Specific Net-to-Gross Earnings Element
If a balance is enabled but not included, you can still use it in the processing of a specific net-to-gross earnings element. To
do so, you add the balance using the Gross Balance Exclusions link on the Element Summary page. You can also use this
page to exclude balances that are included by default.
5.Balance Exceptions:
Balance exceptions define the criteria that you want to use in balance exception reports to identify overpayments, underpayments, and trends. This information can help detect the balance adjustments needed to correct payments and identify people in your organization who are leading in specific areas such as sales.
The following examples illustrate two different types of balance exceptions that you may want to include in your balance exception reports.
You create reports using the Manage Balance Exceptions task in the Payroll Calculation work area.
 6.Creating a Balance Exception Report
Balance exceptions define the criteria that you want to use in balance exception reports to identify overpayments, underpayments, and trends.
This information can help detect the balance adjustments needed to correct payments and
      identify people in your organization who are leading in specific areas         such as sales.
The following examples illustrate two different types of balance exceptions that you may want to include in your balance exception reports.
You create reports using the Manage Balance Exceptions task in the Payroll Calculation work area.

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