Apply Iterative Calculation Enhancements to Your Pretax Deductions

This example assumes you're using existing pretax and involuntary deduction elements that you have defined prior to Release 18C and you have never upgraded them.

To take advantage of the new iterative calculation enhancements, you must upgrade any existing elements of these types.

• Select pretax deductions

• All involuntary deductions

For this example, Company ABC decides to upgrade their 401 (k) pretax elements to use iterative calculations. Company ABC has already updated the default payroll process configuration group to set the date used for the Element Upgrade flow to 2018-12-01.

Upgrade the Elements

Perform these steps in your test environment.

1. Run the flow in Draft mode.

   1. Start the Element Upgrade flow.

   2. Enter the following.

      Parameter name	What you enter
      Mode	Draft
      Primary Classification	Pretax Deductions
      Secondary Classification	Deferred Compensation 401k
      Enable Feature	Iteration on Pretax Element
      Element Name	Leave blank
      Formula Upgrade Option	Display All Formulas

2. Review the output of the report. Ensure the pretax elements you want to upgrade are showing on the report.

3. If you're satisfied with the proposed changes, run it again in Final mode.

   1. Start the flow.

   2. Enter the following.

      Parameter name	What you enter
      Mode	Final
      Primary Classification	Pretax Deductions
      Secondary Classification	Deferred Compensation 401k
      Enable Feature	Iteration on Pretax Element
      Element Name	Leave blank
      Formula Upgrade Option	Override the Existing Formula

   3. Review the output of the report. Ensure the pretax elements you want to upgrade are showing on the report.

4. Repeat these steps for every applicable pretax secondary classification.

5. Compile the elements' fast formulas.

   1. Start the Compile Formula flow.

   2. Enter % as the formula and Oracle Payroll as the formula type.

6. Optionally enable your involuntary deductions to work with the pretax elements enabled for iterative functionality.

   For further info, see Manually Upgrade Involuntary Deductions for Use with Pretax Iteration in the Help Center.

7. Run payroll, and verify the results.

8. After you have tested each pretax iteration scenario and ensured they process correctly in payroll, repeat these steps in your production environment.

   Note: After you have performed these steps for each element, you don't need to perform them again in the applicable environment, even if you later decide to upgrade other pretax secondary classifications.