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Fusion Global Payroll - Other PreTax Balance Explanation (Doc ID 2557640.1)

Last updated on JUNE 17, 2022

Applies to:

Oracle Fusion Global Payroll Cloud Service - Version 11.13.19.04.0 and later
Oracle Fusion Global Payroll - Version 11.12.1.0.0 and later
Information in this document applies to any platform.

Goal

Need an explanation on Other PreTax balance as part of conversion specially in context with 401k Catch up element. As per below note, it says 401k should not go to Other Pretax bucket.
Pretax Deductions Not Working (Doc ID 2037603.1)

But, below note says, 401k Catch Up should go to Other PreTax bucket.
Fusion Global Payroll (US): 401K Catchup Calculation is not Reducing Taxable Gross (Doc ID 1954653.1)
Thinking 401k Catchup should not be part of Other PreTax bucket, as its kind of subset of 401k packet. Can you please explain/confirm why 401k Catchup should be part of Other PreTax bucket?
If yes, do we need to include 401k Catchup loaded to Other PreTax bucket as part of conversion ?

Solution

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Goal
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