Skip to main content

Oracle Payroll Costing Concept

To understand Payroll Costing concept, I would first discuss the Costing Allocation Key Flex field, during the business group definition it is being created and map with Cost Allocation KFF with following segments normally

• Company
• Cost Centre
• Natural Account

During the configuration of Cost Allocation KFF the most important concept is to set the Flex Field Qualifiers at each segment level, we have the five levels available for each segment i.e.

• Payroll
• Balancing
• Organization
• Element Link
• Assignment
• Element Entry

For the Company segment following setting can be applied

Payroll Checked
Balancing Checked

This setting will explain that the Company Account will be input at Payroll level (debit information) and balancing information will goes into credit information and on every segment level it is mandatory to define Balancing.

For the Cost Centre segment, I can set the following setting

Payroll Checked
Organization checked
Balancing checked

This setting will explain that the Cost Centre Account information will be input at Payroll and Organization level (debit information) and balancing information will goes into credit information and on every segment level it is mandatory to define Balancing.

For the Natural Account segment, I can choose the following setting

Element Link Checked
Assignment Checked
Element Entry Checked
Balancing Checked


This setting will explain that the Natural Account information will be input at following levels

Element Link
Assignment
Element Entry
Balancing


Element Link, Assignment, Element Entry level information will directly hit the debit account and balancing information will goes into credit Account and on every segment level it is mandatory to define Balancing.

After this step we map Cost Allocation KFF Segments with GL Flex field Segments

In Oracle payroll, Costing information can be input at five levels

• Payroll
• Organization
• Element Link
• Assignment
• Element Entry

Now based on the above configuration, the following codes will be define at Payroll level

Company 01
Cost Centre 000

For example if Business Group has four Departments i.e. Finance, HR, IT, Operations then on every organization the following information will be define at the Organization level

Finance Cost Centre 001
HR Cost Centre 002
IT Cost Centre 003
Operations Cost Centre 004

Note: Here the Cost Centre information will override with information available on Payroll Level

Payroll Level 000
Finance Org Level 001

So the system will pick the value of 001 instead of 000.

Finally following information need to define at every Element Link level, for example if Business Group has only three elements links then Natural Account need to define at every link

Basic Salary 2345
Housing Allowance 2346
Transport Allowance 2347

For Assignment and Element Entry levels, the Natural Accounts codes will not be defined at these levels , but if need to override the link level information then the Natural Account can be enter at assignment or Entry Level. Following the is Override information, if we defined all segment on every level then



The following Entry will be hit to GL

Debit 04.003.2222
Credit 01.000.6766

Because Element Entry Level will override all the above mention levels but this is only for example, if we see this table in our scenario then the value will be shown like this


In this case the following Entry will hit to GL accounts

Debit 01.001.2222
Credit 01.000.6766


Now based on the above configuration the Cost Breakdown report will be shown like this

Cost Summary Breakdown Report– Cost Centre wide

Cost Centre Code Cost Centre Amount
001 Finance xxxx
002 HR xxxx
003 IT xxxx
004 Operation xxxx
Total xxxx.xx

Cost Breakdown Report– Element wide



Comments

  1. Very great post. I just stumbled upon your blog and
    wanted to say that I've really loved browsing your blog posts. In any case I'll be subscribing on
    your feed and I'm hoping you write once more very soon!
    my website > free teen porn

    ReplyDelete
  2. I'm amazed, I have to admit. Seldom do I come across a blog that's both
    equally educative and interesting, and without a doubt, you have hit the nail
    on the head. The problem is something that not enough people are
    speaking intelligently about. Now i'm very happy I found this during my search for something concerning this.
    Also visit my site - Hardcore gf sex Video online

    ReplyDelete
  3. I feel this is one of the most significant info for me.
    And i am happy studying your article. However wanna observation
    on some basic things, The website style is wonderful, the articles is in
    reality excellent : D. Excellent activity, cheers
    Here is my weblog : free teen porn

    ReplyDelete
  4. I feel this is one of the most significant info for me.
    And i am happy studying your article. However wanna observation on some basic
    things, The website style is wonderful, the articles is in reality excellent : D.
    Excellent activity, cheers
    My webpage > free teen porn

    ReplyDelete
  5. Spot on with this write-up, I seriously believe
    this website needs much more attention. I'll probably be back again to read through more, thanks for the advice!
    Check out my homepage ... Bud trimmer

    ReplyDelete
  6. hello!,I really like your writing so so much! percentage
    we communicate extra about your post on AOL? I need a specialist in
    this house to unravel my problem. Maybe that is you! Taking a look ahead
    to peer you.
    My webpage :: Party Girls

    ReplyDelete
  7. I do not even understand how I stopped up here, but I believed this
    submit was once great. I don't know who you're
    but certainly you're going to a well-known blogger should you aren't already.
    Cheers!
    Also visit my website :: free porn

    ReplyDelete
  8. I think that everything said was actually very reasonable.
    But, what about this? suppose you were to write
    a awesome title? I ain't saying your information isn't good.
    , however what if you added a post title that grabbed a person's attention? I mean "Oracle Payroll Costing Concept" is kinda plain. You should look at Yahoo's home page and watch how they create article headlines to get people interested.
    You might add a related video or a related picture or two
    to get readers excited about what you've written. In my opinion, it would make your posts a little bit more interesting.

    Feel free to visit my web site; click here

    ReplyDelete
  9. My brother recommended I might like this blog. He was
    entirely right. This post truly made my day. You can not imagine
    just how much time I had spent for this information!
    Thanks!

    my homepage http://fambartel.de

    ReplyDelete
  10. It's amazing in support of me to have a web site, which is valuable for my knowledge. thanks admin

    My website - Visit Link

    ReplyDelete
  11. Appreciating the hard work you put into your website
    and in depth information you provide. It's nice to come across a blog every once in a while that isn't the same outdated rehashed information.

    Great read! I've bookmarked your site and I'm including your
    RSS feeds to my Google account.

    Here is my blog post :: more information

    ReplyDelete
  12. Wow, awesome weblog format! How lengthy have you ever been running a blog for?
    you make running a blog glance easy. The overall look of your
    web site is wonderful, let alone the content material!

    Look at my blog post; website

    ReplyDelete
  13. Heya i'm for the primary time here. I came across this board and I to find It really helpful & it helped me out much. I hope to offer something back and aid others like you aided me.

    Here is my website ... play roulette

    ReplyDelete
  14. Hola! I've been following your site for a long time now and finally got the bravery to go ahead and give you a shout out from Atascocita Texas! Just wanted to tell you keep up the fantastic work!

    Also visit my blog post ... please click the following internet site

    ReplyDelete
  15. The road is tarmaced as far as 2300 BC, and paphos car hires Commandaria
    wine is the oldest surviving gothic church of paphos car hire that would otherwise remain unseen.
    A look at the car without any license.

    my site ... paphos car rentals cyprus

    ReplyDelete
  16. I do consider all the ideas you've introduced in your post. They are very convincing and can definitely work. Nonetheless, the posts are very short for newbies. Could you please extend them a bit from next time? Thanks for the post.

    My webpage http://markzuckerbergs.com/fatty-liver-cookbookreview-fatty-liver-cookbookscam/

    ReplyDelete
  17. He knows a good thing going for itself, but after just a few millimeters to get it to register.
    In addition to all these coaches. In this paper, I try to show
    the Russians that would be demanded by the international community - paphos car hire reunification represents a
    sound move. If they aren't you'll want to spend a lot of people.

    Previous to purchasing a policy, test to be sure both yourself and your family when on
    the Perth roads.

    Feel free to visit my weblog 588toy.com

    ReplyDelete
  18. Hello, I enjoy reading through your post. I like to write a
    little comment to support you.

    Also visit my blog post agrifarms.in

    ReplyDelete
  19. It's enormous that you are getting ideas from this piece of writing as well as from our argument made here.

    Also visit my web-site ... 1

    ReplyDelete
  20. It's awesome designed for me to have a website, which is valuable in support of my experience. thanks admin

    Here is my web blog: just click the up coming internet site

    ReplyDelete
  21. I saw yоur websіte whilе Ӏ
    was bгowsing οn httр://hrmѕnetwork.
    blogspot.com/. Hοw'd personally get registered on http://hrmsnetwork.blogspot.com/? I've been intеndіng
    to for a ωhіle but I can't quite make it happen. Cheers

    Visit my blog post - 10310

    ReplyDelete
  22. Hey there! Do you know if they make any plugins to protect against hackers?
    I'm kinda paranoid about losing everything I've worked hard
    on. Any recommendations?

    My site Garcinia cambogis reviews

    ReplyDelete
  23. It's actually a great and helpful piece of information. I'm satisfied that you simply shared this useful info with us.
    Please stay us informed like this. Thank you for sharing.


    My blog: Garcinia Cambogia hca

    ReplyDelete
  24. Hi there, I discovered your web site by the use
    of Google whilst looking for a similar subject, your web site got here
    up, it appears great. I have bookmarked it
    in my google bookmarks.
    Hi there, simply changed into alert to your blog through Google, and located that it is truly informative.
    I am going to be careful for brussels. I'll appreciate for those who continue this in future. Lots of people will be benefited out of your writing. Cheers!

    Look at my homepage ... http://zinncollectionreview.com

    ReplyDelete
  25. Very nice post. I just stumbled upon your blog and wanted to say that
    I've truly loved surfing around your weblog posts. After all I will be subscribing on your feed and I'm hoping you write once more very soon!



    Also visit my web site Garcinai Cambogia Review

    ReplyDelete
  26. Magnificent goods from you, man. I've understand your stuff previous to and you're just too magnificent.
    I really like what you've acquired here, really like what you're stating and the way in which you say it.
    You make it enjoyable and you still take care of to keep it smart.
    I can't wait to read far more from you. This is actually a terrific site.

    Take a look at my web-site; Buy green tone pro

    ReplyDelete
  27. Hello! I simply want to give you a big thumbs up for
    the great info you've got here on this post. I am returning to your website for more soon.

    my webpage; School Relocation

    ReplyDelete
  28. Do you have a spam problem on this blog;
    I also am a blogger, and I was wanting to know
    your situation; we have created some nice procedures and we are
    looking to trade techniques with other folks, be sure to shoot me an email if interested.


    my homepage: Test Force Xtreme

    ReplyDelete
  29. Why viewers still make use of to read news papers when
    in this technological world everything is existing on net?


    My site ... Buy cosima revival

    ReplyDelete
  30. Hello I am so grateful I found your weblog, I really found you by mistake, while I was looking on Bing for something else, Anyhow I am here now and would just like to say
    thanks a lot for a fantastic post and a all round exciting blog (I also love the
    theme/design), I don’t have time to read through it all at
    the moment but I have saved it and also added your RSS feeds,
    so when I have time I will be back to read more, Please do keep up the awesome jo.



    Here is my web page: Beyond Raspberry ketone Review

    ReplyDelete
  31. Hey I know this is off topic but I was wondering if you knew of any widgets I could add
    to my blog that automatically tweet my newest twitter updates.

    I've been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.

    My website Testosterone

    ReplyDelete
  32. I'd like to thank you for the efforts you have put in penning this blog. I am hoping to view the same high-grade blog posts from you later on as well. In fact, your creative writing abilities has motivated me to get my own blog now ;)

    Feel free to surf to my website - Buy mito slim

    ReplyDelete
  33. Quality articles or reviews is the main to interest the people to go to see the
    web site, that's what this web site is providing.

    Feel free to surf to my web site ... Le Parfait Reviews

    ReplyDelete
  34. Hello There. I discovered your blog the usage of msn.
    That is an extremely neatly written article.

    I'll be sure to bookmark it and come back to learn extra of your useful information. Thank you for the post. I'll
    certainly return.

    My website: Dermal meds reviews

    ReplyDelete
  35. My family members all the time say that I am killing
    my time here at net, except I know I am getting familiarity daily by reading such fastidious content.


    Here is my page ... Grow XL Reviews

    ReplyDelete
  36. This is the perfect webpage for everyone who hopes to
    understand this topic. You understand a whole lot its almost hard to argue with you (not that I actually
    will need to…HaHa). You certainly put a brand new spin on a topic that's been written about for years. Excellent stuff, just great!

    Visit my page Saphire Ecigs

    ReplyDelete
  37. Wow, fantastic blog layout! How long have you been blogging for?
    you made blogging look easy. The overall look of your site is
    excellent, let alone the content!

    Check out my web site :: Online Payday Loan Lenders

    ReplyDelete
  38. I have read so many posts about the blogger lovers but this paragraph is in fact a
    pleasant article, keep it up.

    Also visit my blog post :: Lean Muscle FOrmula Price

    ReplyDelete
  39. Article writing is also a fun, if you be acquainted with afterward you can write if not it is complicated to write.


    Check out my site muscle enhancers

    ReplyDelete
  40. Thanks , I have just been looking for info about this
    subject for a while and yours is the best I have found out till now.
    However, what concerning the conclusion? Are you certain concerning the source?


    Take a look at my blog - 1285 muscle review

    ReplyDelete
  41. It's appropriate time to make a few plans for the longer term and it's time to be
    happy. I have read this post and if I may just
    I want to counsel you few interesting issues or tips. Perhaps you could write subsequent articles referring to this
    article. I want to read even more things approximately it!


    Also visit my web site - raspberry ketone ultra slim

    ReplyDelete
  42. It's the best time to make a few plans for the future and it's time to be happy.
    I've learn this publish and if I may I desire to counsel you some attention-grabbing issues or advice. Maybe you could write subsequent articles relating to this article. I want to read even more things approximately it!

    My page Vapoer e

    ReplyDelete
  43. It's amazing to pay a quick visit this website and reading the views of all friends concerning this post, while I am also eager of getting experience.

    my blog post :: Best anti Aging serum

    ReplyDelete
  44. I think this is one of the most important information
    for me. And i am glad reading your article.
    But should remark on some general things, The website style is great,
    the articles is really great : D. Good job, cheers

    Here is my web blog ... XtraSize Reviews

    ReplyDelete
  45. Incredible quest there. What happened after? Thanks!



    Feel free to visit my homepage ... Muscle REv Xtreme Supplement

    ReplyDelete
  46. Appreciate this post. Will try it out.

    Feel free to visit my web page: Enduros Male Enhancement

    ReplyDelete
  47. Hi there, this weekend is pleasant in favor of me, as this time i am reading this impressive
    informative paragraph here at my residence.


    Also visit my site: Asphalt Overlay Minnesota

    ReplyDelete
  48. Whoa! This blog looks exactly like my old
    one! It's on a entirely different topic but it has pretty much the same layout and design. Wonderful choice of colors!

    Feel free to surf to my website ... 1285 muscle

    ReplyDelete
  49. My brother suggested I might like this website.
    He was entirely right. This post truly made my day. You can not imagine
    just how much time I had spent for this information!
    Thanks!

    Feel free to visit my site ... Green tone pro

    ReplyDelete
  50. Thank you for another informative website. The place else may I get that kind of
    info written in such a perfect means? I have a project that I'm just now running on, and I've been
    on the look out for such information.

    My blog post; Buy Pure Raspberry ketone

    ReplyDelete
  51. I comment whenever I appreciate a post on a website or I have something to
    add to the discussion. Usually it's a result of the sincerness displayed in the post I browsed. And on this article "Oracle Payroll Costing Concept". I was actually excited enough to post a thought :) I do have some questions for you if it's allright.
    Is it just me or do a few of the responses come across like written
    by brain dead individuals? :-P And, if you are
    writing at additional places, I would like to keep up with you.
    Would you make a list all of all your communal pages like
    your twitter feed, Facebook page or linkedin profile?


    Feel free to visit my web site: Fast Muscle Growth

    ReplyDelete
  52. I think this is among the most important info for me.
    And i am glad reading your article. But should remark on some general things, The website style is great, the articles
    is really great : D. Good job, cheers

    Have a look at my homepage ... Vimax Male Enhancement Review

    ReplyDelete
  53. Hi, i read your blog occasionally and i own a similar one and i was just wondering if you get a lot of spam comments?
    If so how do you prevent it, any plugin or anything you can recommend?

    I get so much lately it's driving me insane so any support is very much appreciated.

    my blog - garcinia cambogia

    ReplyDelete
  54. What's up, its pleasant piece of writing about media print, we all understand media is a fantastic source of data.

    Look into my weblog :: muscle x

    ReplyDelete
  55. Hi, I do believe this is a great website. I stumbledupon it
    ;) I'm going to return once again since I bookmarked it. Money and freedom is the best way to change, may you be rich and continue to help other people.

    Here is my weblog - bodybuilding diet

    ReplyDelete
  56. I am curious to find out what blog system you are utilizing?
    I'm experiencing some minor security issues with my latest site and I would like to find something more risk-free. Do you have any solutions?

    my web page :: Green coffee reviews

    ReplyDelete
  57. Hey there, I think your site might be having browser compatibility issues.
    When I look at your blog in Safari, it looks fine but
    when opening in Internet Explorer, it has some overlapping.
    I just wanted to give you a quick heads up! Other then that, very
    good blog!

    Here is my weblog: Where to buy lean muscle formula

    ReplyDelete
  58. An intriguing discussion is definitely worth comment.
    I do believe that you should publish more about this
    subject, it might not be a taboo subject but typically people do not
    discuss these issues. To the next! Many thanks!!

    My page voyance par telephone

    ReplyDelete
  59. That is very fascinating, You're an overly professional blogger. I have joined your rss feed and sit up for looking for extra of your fantastic post. Also, I have shared your site in my social networks

    Feel free to visit my blog post ... Buy cambogia trim

    ReplyDelete
  60. Hi there! Someone in my Myspace group shared this site with us so I came
    to look it over. I'm definitely enjoying the information. I'm bookmarking and will
    be tweeting this to my followers! Exceptional blog and
    outstanding design and style.

    Here is my webpage: home income profit system

    ReplyDelete
  61. You actually make it appear so easy along with your presentation but I find this
    topic to be actually one thing that I believe I might by no means understand.
    It sort of feels too complicated and very wide for me.
    I am looking forward in your next submit, I will attempt to get the hold of it!


    My web site pay day loans in georgia

    ReplyDelete
  62. Nice blog right here! Additionally your website rather
    a lot up fast! What host are you the use of? Can I get your associate link for
    your host? I desire my site loaded up as quickly as
    yours lol

    Also visit my web blog: voyance ()

    ReplyDelete
  63. The information which you have provided is really nice and awesome. Provides some very useful insights of how things actually work. I want to share something more about this as well.
    software development company

    ReplyDelete
  64. valuable web page, related to direction in addition to oracle hrms, Check this site for indepth Oracle HRMSTraining Go here if you’re looking for information on Oracle HRMS Training

    ReplyDelete
  65. Thank you for sharing the details about outsourced payroll services...

    ReplyDelete
  66. This is a great article, I have been always to read something with specific tips! I will have to work on the time for scheduling my learning.
    Billing Software in chennai

    ReplyDelete
  67. This is a very useful article for the giving such kind of information is very valuable and as well as good for me. I'm very happy to share this type of information
    Oracle Fusion Financials Training in Sheikh Zayed Road, Dubai

    ReplyDelete
  68. This blog is very Nice, Thanks for sharing. For more details please visit our link.

    Oracle Fusion HCM Training in Bangalore

    ReplyDelete
  69. Thank you for your valuable information also please do visit our website below

    Oracle HRMS Training in Bur Dubai, Dubai

    ReplyDelete
  70. The actual time and effort took to create this wonderful article were really great and would like to read this blog regularly to get more updates...
    DevOps Training in Chennai | DevOps Online Training in Chennai

    ReplyDelete
  71. Good Post,You have put good efforts on this blog.really wonderful article...keep on sharing the valuable updates. Best software Training institute in Bangalore

    ReplyDelete
  72. Nice article sir,I am waiting for your next article. Thanks for sharing for your article.
    Click Here...
    Oracle Fusion SCM Training in Ameerpet

    ReplyDelete

Post a Comment

Popular posts from this blog

Oracle Payroll R12 - Payroll Processing 1

Hi , This is the last part of Payroll Tutorial, In this video , we will see how payroll process for an individual person through Quick Pay and how Payroll process for all Employees through Payroll Run Process and Prepayments process for payment distribution. In the next tutorial we will see more processes in detail for complete payroll processing.



Oracle Payroll R12 - Salary Basis

Hi All, This is the 3rd part of Oracle Payroll Tutorial , Salary Basis is the main Salary Component of Salary Structure. The Other Salary Components are driven by this components. So Ideally there should be one or two Salary Components.You can not attach multiple salary basis to single assignment of the employee.



Kindly send your feed back.