Third-Party Rollup Payments

The Third-Party Payment Rollup process allows you to consolidate multiple payments to the same third-party payee into a single payment. This process is optional and can be used when you want to avoid making multiple individual payments to the same payee. The rollup process applies to both cheque and direct deposit payments.

For example, if several employees are members of the same union, or if an employee has multiple deductions payable to the same third-party (for example, multiple maintenance and support orders), you can consolidate these into one payment. To initiate this process, use the Submit a Flow task to run the Run Third-Party Payment Rollup.

Before you run the Third-Party Payments Register process to view third-party payment details, complete these tasks:

Calculate and verify prepayments
Run the Third-Party Payments Rollup process
Generate the payments

The Run Third-Party Payments Rollup process is optional. Use the Run Third-Party Payment Register process to consolidate multiple payments made to a third party and generate a single payment.

Exclude Third-Party Payment Methods

You may want to exclude specific third parties from the Third-Party Rollup process because they may want an individual cheque per payment.

You may exclude third-party payments from the rollup process by selecting the Exclude from Third-Party Rollup Process when setting up the Third-Party Payment Method in the Payment Method page. When running the rollup process prior to either the Generate Cheque Payments for Employees and Third-parties or the Generate Direct Deposit Payments process, each payment to the third-party marked for exclusion will not be included in the rollup and will be paid separately. For more information on third-party payment rollup, refer to the Implementing Global Payroll guide on the Oracle Help Center.

Generate the third-party payments register to view the individual payments made.

Report Third-Party Rollup Payments

Here's what you can generate and view after you run the Third-Party Payments Register process:

List of individual third-party payments and the corresponding employee deduction information
List of all rollup payments and deduction information of employees who share the same rollup payments
Consolidated total of each rollup payment
Payments made to each individual payee
Consolidated total of multiple deduction payments of each employee
Component name and component reference of involuntary deductions stored on the calculation cards
Element name of voluntary deductions