In Oracle HRMS, you can change each of the major parts of your enterprise model without having to redefine the other parts.
You can also set up in advance the business rules, including compensation and benefits, associated with the new structures. These become effective on the date you specify, avoiding a workload peak.
When reviewing, entering, changing or deleting datetracked data, you can set an effective date in the past or future. The system uses only information in effect as of that date for whatever you do. When you make a change, you can choose whether it is a correction to the last update or a new update to be recorded in the history of the record. You can use DateTrack History to view a report of every update ever made to a record.
You can identify windows containing datetracked, rather than dated, information by the presence of a region labelled Effective Dates.