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Oracle HRMS Functional Document

Fast Formula's
Part 8: Method1
Using Default Hours and Amount

This Document is created only for Class Room Training Purpose

By
Regintala Chandra Sekhar
ora17hr@gmail.com

UK PAYROLL


2
Regintala Chandra Sekhar Email ID: ora17hr@gmail.com
If you have any queries regarding this document please see the Parts 1,2,3,4,5,6 and 7 documents
Set the Date: 01-Jan-2013 and check the Payroll Process Result if you have any runs roll back it

Method 1: Fast Formula Using Default Hours and Amount
Fast Formula : They are the easiest Way of Entering input values by using some techniques and equations

INPUT VALUE ------------- Inputs are Hours , Amount
DATA TYPE ------------ Default for Hours is 270
Default for Amount is 100
CONSTRAINTS ------------- Total = Hours * Amount
RETURN VARIABLE ------------- Return Amount

Step 1: Creation of Element for the Fast Formula


Step 2: Link it to Payroll

Navigation Path
UK PAYROLL


3
Regintala Chandra Sekhar Email ID: ora17hr@gmail.com
Step 3: Write Fast Formula for the Element 1 and verify it and save it
/*****************************************************************
Formula Name: Fast Formula Method 1
Description: Formula to Calculate the Hours * Rate
Effective Start Date: 01/01/0001
Effective End Date : 31/12/4712
******************************************************************/
Inputs are Hours, Amount
Default for Hours is 180
Default for Amount is 45
Total=Hours*Amount
Return Total
/****************************End********************************/




UK PAYROLL


4
Regintala Chandra Sekhar Email ID: ora17hr@gmail.com
Step 4: Assign the element to the formula results query the existing element and in processing rule assign
the formula to it

Save it

Step 5: Assign the fast formula element to the employee





UK PAYROLL


5
Regintala Chandra Sekhar Email ID: ora17hr@gmail.com
Step 6:Run the Payroll process for the UK: Submit the request



Step 7:View Result: View:Payroll process results and find you employee and click on the assignment
process and select your employee and see SOE Report (Total= 180*45=8100)




Thank You....

Regintala Chandra Sekhar
You can get more documents on my blogger: http://ora17hr.blogspot.com

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