Understanding PeopleSoft HCM Setup Considerations
To successfully set up PeopleSoft Global Payroll for United States, you need to enter data in PeopleSoft HCM tables. This data includes:
Company Information
In PeopleSoft Global Payroll for United States, the EIN (employer identification number) is defined at the company level. Set up company information on the Company table in PeopleSoft HCM for each federal EIN.
You also need to enter payroll-specific company information on the Pay Entity page in Global Payroll if your pay entity is the same as your company.
See Entering Company Information.
See Understanding Taxes.
Source Bank Accounts Information
When you select USA as the country code on the Source Bank Account page, you need to define additional information regarding prenotes for the source bank.
Person Checklist Information
To ensure that a payee is set up properly, PeopleSoft HCM provides a person checklist. To see what setup is needed for payees in PeopleSoft Global Payroll for United States, navigate to Workforce Administration, Personal Information, Organizational Relationships, Person Checklist and enter K1GPAY in the Checklist field. A checklist for PeopleSoft Global Payroll for United States payees appears. The Person Checklist page provides links to key PeopleSoft Global Payroll for United States setup pages. In particular, the Maintain Tax Profile setup is important. The Tax Profile page must be set up for all payees for taxes to be calculated correctly.
See Creating Checklists.