Overview of Balance Adjustments for the US

Perform balance adjustments when you complete any of these tasks and you want to correct the processed balance values.

Correct balances that have these issues.
- Incorrect tax balance dimensions
- Assigned to the incorrect state tax jurisdiction
- Over or understated wage or tax amounts
- Balances you didn't load initially, and you have since processed payroll for the person
Adjust balances you loaded with the Load Initial Balances task.
Load balances for payroll payments administered by a third-party, such as:
- Sick pay
- Stock options
- Relocation expenses
Note: Though a third party is calculating these payments, you must report the earnings and taxes withheld. Therefore, you must import the details using balance adjustments.
Zero out arrears after you have manually recovered or written off the dues from terminated employees after processing their final pay.
Process retrospective changes to elements that don't support retroactive payroll processing.

For further info, see Payroll Balance Definitions for the US in the Help Center.

There are several issues you must consider when planning a balance adjustment. For further info, see the following in the Help Center.

Check Here for Additional Info

Refer to the following on My Oracle Support.

Oracle Cloud Human Capital Management for the United States: Batch Balance Adjustments (2053488.1)
Oracle Cloud Human Capital Management for United States: HR Implementation and Use (1676530.1)
Oracle Cloud Human Capital Management for the United States: US Balance Adjustments (1600728.1)
All Documents for Oracle Cloud Human Capital Management Applications (1504483.1)