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Fast Formula Method 1 Using Default Hours and Amount

Fast Formula,Input Values,Databases Items,Triggers,Elements,Assign the Elements in Fast Formula,Write fast Formula,Input Parameters,oracle payroll,HRMS,oraclehrms,Formula Results, Assign the Element,oraclehrms,oraclefastformula,amount,hours
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0% found this document useful (0 votes)
250 views6 pages

Fast Formula Method 1 Using Default Hours and Amount

Fast Formula,Input Values,Databases Items,Triggers,Elements,Assign the Elements in Fast Formula,Write fast Formula,Input Parameters,oracle payroll,HRMS,oraclehrms,Formula Results, Assign the Element,oraclehrms,oraclefastformula,amount,hours
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Menu, Functions and Security Profile

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
[email protected]

Regintala Chandra Sekhar

Page 1

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Menu, Functions and Security Profile

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

Regintala Chandra Sekhar

Page 2

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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
DATA TYPE
CONSTRAINTS
RETURN VARIABLE

------------- Inputs are Hours , Amount


-----------Default for Hours is 270
Default for Amount is 100
------------- Total = Hours * Amount
------------- Return Amount
Navigation Path

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

Regintala Chandra Sekhar

Page 5

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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
You can get more documents on my blogger: http://ora17hr.blogspot.com
Facebook Group: www.facebook.com/groups/ora17hr

Regintala Chandra Sekhar

Page 6

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