Implement Payroll
To implement payroll, you must first understand payroll feature choices and concepts. You can then plan your payroll implementation using the Oracle Functional Setup Manager.
Functional Setup Manager enables rapid and efficient planning, configuration, implementation, deployment, and ongoing maintenance of the application through administration.
Payroll Feature Choices
As part of feature choices for payroll processing you:
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Select the correct product for each of your legislations and ensure that the appropriate features work correctly in your implementation
Use the Manage Features by Country or Territory task.
The country extension setting ensures that certain payroll-related features, such as element templates, work correctly in your implementation.
For further info, see Country Extension Options for the US in the Help Center.
If you're using a third party to process payroll, you must select the Payroll Interface license type.
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Select the Payroll Costing Options to cost your payroll and the appropriate subledger accounting rules.
For further info, see Calculate and Verify Cost Distributions for the US in the Help Center.
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Select the appropriate currency precision the payroll process uses when performing calculations.
For further info, see the following in the Help Center.
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Configure the Online Payslip for the US
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Currency Precision
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Rate Precision in Payslips
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If you're using a third-party payroll provider operating outside the United States, define an organization payment method for them, including setting the appropriate currency.
Use the Organization Payment Method task.