8.1 fast formula_method_1_using_default_hours_and_amount
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Oracle HRMS Functional Document
Fast Formula
Method 1: Using Default Hours and Amount
Part 8.1
Note: This Document is created only for Class Room Training Purpose
By
Regintala Chandra Sekhar
Menu, Functions and Security Profile
Regintala Chandra Sekhar Page 2 [email protected]
Table of Contents
Fast Formula : ................................................................................................................................................................................ 3
Method 1: Using Default Hours and Amount ................................................................................................................. 3
Step 1: Creating Element .................................................................................................................................................. 3
Step 2: Link it to Payroll .................................................................................................................................................... 4
Step 3: Write Fast Formula for the Element 1 and verify it and save it ........................................................... 4
Step 4: Assign the element to the formula results ................................................................................................... 5
Step 5: Assign the Fast formula element to the employee .................................................................................... 5
Step 6:Run the Payroll process for the UK: Submit the request ......................................................................... 6
Step 7:View Result: ............................................................................................................................................................. 6
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If you have any queries regarding this document please see the part 1, 2, 3, 4, 5, 6 & Part 7
documents . Set the Date: 01-Jan-2013 and check the Payroll Process Result if you have any runs roll
back it
Fast Formula :
Method 1: Using Default Hours and Amount
Fast Formula : They are the easiest Way of Entering input values by using some techniques and equations
INPUT VALUE ------------- Inputs are Hours , Amount
DATA TYPE ------------ Default for Hours is 270
Default for Amount is 100
CONSTRAINTS ------------- Total = Hours * Amount
RETURN VARIABLE ------------- Return Amount
Step 1: Creating Element
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Step 2: Link it to Payroll
Step 3: Write Fast Formula for the Element 1 and verify it and save it
/*****************************************************************
Formula Name: Fast Formula Method 1
Description: Formula to Calculate the Hours * Rate
Effective Start Date: 01/01/0001
Effective End Date : 31/12/4712
******************************************************************/
Inputs are Hours, Amount
Default for Hours is 180
Default for Amount is 45
Total=Hours*Amount
Return Total
/****************************End********************************/
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Step 4: Assign the element to the formula results
query the existing element and in processing rule assign the formula to it
Save it
Step 5: Assign the Fast formula element to the employee
Navigation Path :Switch to HRMS ResponsibilityPeopleEnter& Maintain- Find the Employee and click on assignments and click on Entries
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Step 6:Run the Payroll process for the UK: Submit the request
Step 7:View Result: View:Payroll process results and find you employee and click on the assignment
process and select your employee and see SOE Report (Total= 180*45=8100)
Thank you.......
Regintala Chandra Sekhar
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