Oracle HRMS (Mexico) 'Profit Sharing' Frequently Asked Questions (FAQ)
(Doc ID 429357.1)
Last updated on JULY 07, 2020
Applies to:Oracle HRMS (Mexico) - Version 12.1 HRMS RUP10 and later
Information in this document applies to any platform.
Profit Share process is outlined in the read me for <Patch 5071317> DELIVERY OF PROFIT SHARING CALCULATIONS FOR MEXICO HRMS.
<Document 382618.1> What Documentation Is Available For Profit Share Set Up?
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In this Document
|Questions and Answers|
|When the concurrent "Profit Sharing Process" is executed, will all the results (amounts to pay to employees, Taxes, etc.) be stored in BEE?|
|Does BEE need to be validated and transferred?|
|If the BEE will have kept all the results for “Profit Sharing”.Which process must I run in order to have a printed Payroll report, and the other reports concerning to the payroll?|
|Can this be done is as payroll with an Element Set?|
|Which period Number corresponds to this payroll?|
|Does this means that I have to establish in “Define Balance” screen the elements that will feed this balances?|
|What will happen or what must I have to do, in order to be prepared in May/2007 to run the official “Profit Sharing” with the information (Perceptions and Days) corresponding to the year 2006?|
|Does the following means that only the Elements with "Calculation Rule" = "DAYS X RATE", will be taken in consideration to accumulate DAYS for Profit Sharing?|
|What Must I have to do with my actual Elements such “PERCEPCION_CATORCENAL” (Ordinary Bi-Weekly perception), “PERCEPCION_SEMANAL” (Ordinary Weekly perception), that have "Calculation Rule" = "Flat Amount"?|