Perform Balance Adjustments for the US

Here's how you perform a balance adjustment.

1. Document the changes you plan to make.

   Before making a balance adjustment, use the Person Results task to view the balance results for the employee and document these details.

   • Employee name

   • Effective date of adjustment

   • Balance before your adjustment

   • Adjustment amount

   • Expected balance after adjustment

   You will use this info to keep track of what you're adjusting, when it's adjusted, and for whom.

2. Choose your preferred method of balance adjustment.

   When it comes to performing balance adjustments, you have multiple options.

   What you want to do	How you do it
   Perform an adjustment for a specific person	You have two options. Adjust Individual Balances task. Adjust Balance action. For further info, see Person-Level Balance Adjustments for the US in the Help Center.
   Perform balance adjustments for multiple people or multiple balances	Perform a batch balance adjustment. For further info, see Oracle Cloud Human Capital Management for the United States: Batch Balance Adjustments (2053488.1) on My Oracle Support.
   Perform a mass balance adjustment for federal or regional taxes, such as after a credit-reduction rate change	You have three options. For a single employee, use the Adjust Multiple Tax Balances task. For further info, see Adjust Multiple Tax Balances for the US in the Help Center. For multiple employees, use the US Tax Balance Adjustment flow. For further info, see US Tax Balance Adjustment Flow in the Help Center. For multiple employees, use HCM Data Loader. This method also determines the additional tax balances to adjust based on your input. For further info, see Oracle Fusion Cloud HCM: HCM Data Loader on the Help Center.
   Perform an adjustment using element entries	Define elements specifically designed for tax balance adjustments. Use the Element Entry task or the HCM Data Loader to enter this info en masse. For further info, see the following. Balance Adjustments for Tax Refunds Using Element Entries for the US in the Help Center Loading Balance Adjustments for the US Using HCM Data Loader (2558276.1) on My Oracle Support