JD Edwards EnterpriseOne Time and Labor Overview

The JD Edwards EnterpriseOne Time and Labor system from Oracle provides a versatile, cost-effective, and time-efficient solution for managing and accounting for employee time and the associated labor costs. Because this information is necessary for both the payroll and accounting departments, Time and Labor integrates with Oracle's JD Edwards EnterpriseOne Payroll and General Accounting systems to simplify the sharing of data. If you are not using the JD Edwards EnterpriseOne Payroll system, you can use JD Edwards EnterpriseOne Time and Labor as a standalone system to account for employee time and to update JD Edwards EnterpriseOne General Ledger.

To process an employee through Time and Labor or Payroll, the employee must have at least one timecard in the system. The term timecard refers to a one-line time entry record. These timecards can be manually entered or automatically created by the system.

Although you can use JD Edwards EnterpriseOne Time and Labor independently of JD Edwards EnterpriseOne Payroll, you must use JD Edwards EnterpriseOne Time and Labor if you use JD Edwards EnterpriseOne Payroll, because payroll processing depends upon timecard records. Use JD Edwards EnterpriseOne Time and Labor to:

• Enter and review employee timecards.

• Collect, review, and approve timecards that were entered by employees through self-service.

• Upload time entry information from a third-party time collection system.

• Automatically calculate overtime rates for time worked.

• Calculate retroactive pay.

• Automatically create timecards for groups of employees in situations such as company holidays or bonuses.

• Track employee assignment information and populate timecards automatically with the assignment information.

• Create journal entries for the general ledger.

• Track employee leave information.

• Assign the correct account numbers to timecards and the respective journal entries that are created from those timecards.