Calculate Profit Sharing for Mexico

Here are the sequence of steps you need to follow to calculate profit sharing for Mexico.

S.No Steps Requirement and Sub Steps
1

Enter profit sharing calculation values in the PSU Organization card.

Mandatory

2

Enter profit sharing calculation values in the TRU Organization card

Optional

This step applies only if a Highest Average Salary has been agreed at TRU level (different from the value set in PSU).

3

Submit the Calculate Mexico Profit Sharing task flow

Set the Create Element Entry parameter to No and repeat steps 3, 4 and 5 as needed.

4

Verify Profit Sharing results

Optional

5

Roll back Calculate Mexico Profit Sharing

Optional

6

Submit the Calculate Mexico Profit Sharing task flow

After the results are verified, run the process setting the Create Element Entry parameter to Yes.

7

Rename the ElementEntry.txt HCM Data Loader text file with a .dat extension.

Optional

This step is not required if you want to create the element entries by the Profit Sharing process.

8

Upload the ElementEntry.dat Profit Sharing HCM Data Loader file

Optional

This step is not required if you want to create the element entries by the Profit Sharing process.

9

Rename the PayrollInterfaceInboundRecord.txt HCM Data Loader text file with a “.dat” extension.

Optional

Complete this step if you’d like to be able to review employee’s profit sharing information in the application.

10

Upload the PayrollInterfaceInboundRecord.dat HCM Data Loader file

Optional

Complete this step if you’d like to be able to review employee’s profit sharing information in the application