How to Correct Year-to-Date Pretax and Pretax Reductions Balances for State Spec1 (Oregon Portland Metro Supportive Housing Services) Tax After Q1 2023 Statutory Update? (Doc ID 2943529.1)

Last updated on APRIL 19, 2023

Applies to:

Oracle HRMS (US) - Version 12.1.3 and later
Information in this document applies to any platform.

Goal

The Q1 2023 Statutory Update - <Patch 35167465:R12.PAY.C> / <Patch 35167465:R12.PAY.B> delivered new Pretax and Pretax Reductions balances for the State Spec1 (Portland Metro Supportive Housing Services) Tax type. The readme for this patch stated the following action needs to be taken by customers who are impacted by this tax:

"As these new balances are being delivered after the beginning of the year, balance adjustments will need to be performed for the above-listed balances (according to your business requirements) to account for prior payrolls that have already been processed for the current year. SIT balance values for the state of Oregon can be used as a reference point when performing these adjustments."

Customers are asking for more specific details on how to accomplish the necessary balance adjustments.

Solution

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How to Correct Year-to-Date Pretax and Pretax Reductions Balances for State Spec1 (Oregon Portland Metro Supportive Housing Services) Tax After Q1 2023 Statutory Update? (Doc ID 2943529.1)

Applies to:

Goal

Solution

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