Employer Paid Tax On Bonus Is Not Working
(Doc ID 2213007.1)
Last updated on FEBRUARY 23, 2019
Applies to:Oracle HRMS (India) - Version 12.1.2 and later
Information in this document applies to any platform.
We have 300 employees, who moved to US and we want to pay them the bonus of 3 lacs each, Tax will also be paid by the company.
So we have done all the setups mentioned in "Oracle_HRMS_INDIA.pdf" on Page 198.
Oracle Human Resources (HRMS) for India Supplement (<Doc ID 297146.1>)
But employer paid tax is not calculated correctly.
1) Create element as mentioned in above document. (Attached are screen shot of element setup)
2) Created element entry
3) Run Regular Run
4) Run Process Separate.
Net amount should be the value entered in Bonus Amount input as its Net to Gross.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document