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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.

Purpose

Profit Share process is outlined in the read me for <Patch 5071317>  DELIVERY OF PROFIT SHARING CALCULATIONS FOR MEXICO HRMS.

and

<Document 382618.1>  What Documentation Is Available For Profit Share Set Up?

 

Questions and Answers

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In this Document
Purpose
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"?
References

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