Overview of Workers Compensation Account Information for Canada

Each province has different rules for Workers Compensation liability calculations. An employer can have multiple accounts in a province.

The Workers Compensation Account, and the Workers Compensation Classification Unit information is configured at the PSU level. The details you define at the PSU level are valid for all the tax reporting units associated with the PSU.

Since each province or board can have multiple accounts, you must designate one account as the default for the province or board.

Since multiple classification units can be defined for each account and each classification unit has an associated rate, you must designate one classification unit as the default for an account. There is a 1:1 relationship between the classification units and its associated rate.

The Workers Compensation Boards for each province are predefined in the Oracle Fusion Human Capital Management for Canada application.

You can configure overrides at the Job, Department and Location levels, as well as the employee assignment level.

For additional information on Workers Compensation, refer to the Implementing Payroll for Canada guide located at the Canada Information Center on My Oracle Support.

Canada Information Center:

https://support.oracle.com/rs?type=doc&id=2102586.2

  • Canada tab > Product Documentation > Payroll Guides > Implementing Payroll for Canada