PeopleSoft Global Payroll for United States Business Processes

PeopleSoft Global Payroll for United States supports these business processes:

• Earnings.

  PeopleSoft Global Payroll for United States enables you to define and process different earning types. PeopleSoft Global Payroll for United States also delivers common earning types, including those for regular hourly earnings, exception hourly wages, salary earnings, shift differential pay, overtime, premium pay, and bonuses.

  See Understanding Earnings.

• General deductions.

  PeopleSoft Global Payroll for United States enables you to define and process many common general deductions, including repayment deductions, United Way deductions, and credit union deductions.

  See Understanding General Deductions.

• Benefit deduction calculations.

  PeopleSoft Global Payroll for United States integrates with PeopleSoft HCM and PeopleSoft Benefits Administration, enabling the system to calculate benefit deductions.

  See Understanding the Delivered Benefit Deduction Processing Flow.

• Absences.

  PeopleSoft Global Payroll for United States delivers rules that enable you to track vacation, jury leave, sick leave, and bereavement leave.

  See Understanding Absence Elements.

• Garnishments.

  PeopleSoft Global Payroll for United States enables you to set up and process garnishments. Because garnishment orders can come from different agencies each having different reporting requirements, the system is flexible enough to address the priority of each garnishment received by jurisdiction, type, and timing of receipt. In the case of multiple garnishments being processed at the same time, the system can determine which proration method to use and when. Once the funds are withheld, you can disperse them according to the method and schedule established by the issuing agency.

  See Understanding Garnishments.

• Federal and state income taxes.

  PeopleSoft Global Payroll for United States enables you to calculate and process federal and state income tax for payees.

  See Delivered Tax Elements.

• Payslips.

  PeopleSoft Global Payroll for United States enables you to create payslips based on your organization's needs. With payslip templates, you can specify the amount of detail to include on the payslip.

  See Understanding Payslips.

• Termination processing.

  With PeopleSoft Global Payroll for United States, you can calculate final pay for terminated employees. You can define which earnings and deductions to process in the final payment. You can also define any special processing that should occur for each earning or deduction, such as vacation balance pay out or repayment balance collection.

  See Processing Final Payments.

• Paycheck reversals.

  PeopleSoft Global Payroll for United States enables you to identify a specific payment by employee and calendar and reverse the payment.

  See Processing Reversals.

• Banking.

  With PeopleSoft Global Payroll for United States, you can set up banking information for payees and define source bank information. You can define prenote information and manage the prenotification process. You can also create direct deposits and garnishment files. You can run the banking process and create banking reports.

  See Understanding Banking.

• Payment processing.

  You can use the banking process in PeopleSoft Global Payroll for United States to complete payment processing. The system uses the payment ID number defined in the banking process to assign a payment ID to any type of payment. The payment process also determines the appropriate payment number to assign to each payment.

  See Understanding Payment Processing.

• Year-end processing.

  With PeopleSoft Global Payroll for United States, you can process and generate the year-end Wage and Tax Statement (W-2), the Corrected Wage and Tax Statement (W-2c), the Transmittal of Wage and Tax Statement (W-3), and the Transmittal of Corrected Wage and Tax Statement (W-3c). Additionally, you can process the year-end forms for all territories, including American Samoa, Guam, Puerto Rico, and the Virgin Islands.

  See Understanding Year-End Processing.

• Self-service for the payee W-4.

  If you purchased PeopleSoft ePay, payees can update their W-4 tax information, such as marital status, number of allowances claimed, and withholding amounts. Payees can also view and print copies of the W-4 forms for their records.

  See Understanding Taxes.

• Self-service for payslips.

  If you purchased ePay, payees can view their payslips online.

  See Understanding the View Payslip Self-Service Transaction.