Fusion Mexico Payroll: How Employee Contributes to Each Legal Entity
(Doc ID 2419553.1)
Last updated on DECEMBER 22, 2020
Applies to:Oracle Fusion Global Payroll Cloud Service - Version 22.214.171.124.0 and later
Oracle Fusion Global Payroll - Version 126.96.36.199.0 and later
Information in this document applies to any platform.
This note was created for Release 188.8.131.52.0. The note has been reviewed and is current for release 184.108.40.206.0.
Four different legal entities are set up for Mexico and there is a new regulation in Mexico where HR needs to indicate how each employee contributes to each legal entity. This business need is a requirement by the country’s tax reporting organization. When HR Payroll in Mexico reports pay and taxes for each employee, they are required to indicate how an employee contributes to each of the legal entities. This requirement comes from the external taxes area in the country. (similar to the US IRS and state taxes authorities). How do you support this regulation?
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