Cannot Locate Iterative Exclude Amt Balance for US Pre-Tax Deduction
Last updated on JANUARY 13, 2017
Applies to:Oracle Payroll - Version 12.1.2 and later
Oracle HRMS (US) - Version 12.1.3 and later
Information in this document applies to any platform.
The pre-tax deduction online help for iterative processing lists a balance that I want to populate, but cannot find: Iterative Exclude Amt.
Here's the online text:
Oracle Payroll uses an iterative process to calculate the highest pre-tax deduction it can take while still allowing taxes and court orders to be paid in full, and net pay plus an Iterative Exclude Amt to be greater than or equal to zero.
The Iterative Exclude Amt is a balance that you can feed with voluntary deductions so that the payroll run stops iterating if net pay has only been pushed into negative because of a voluntary deduction.
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