How to Create a Simple Compensation Plan and Process Transaction for Calculation Commission
(Doc ID 1272036.1)
Last updated on MARCH 12, 2021
Applies to:
Oracle Fusion Incentive Compensation - Version 11.1.11.1.0 and laterOracle Fusion Incentive Compensation Cloud Service - Version 11.1.11.1.0 and later
Information in this document applies to any platform.
Goal
Part of the master document on how to setup a sample Fusion Incentive Compensation flow.
This document will show step by step how to setup a simple compensation plan.
Solution
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In this Document
| Goal |
| Solution |
| 1. Create Credit Category |
| 2. Create Classification Rules |
| A. Create Parent Rule |
| B. Create Child Rule |
| C. Submit Synchronize Classification Rule process |
| 3. Create Crediting Rules (Simple case with just one rule based on business unit ) |
| 4. Create Expression |
| A. Create Input Expression |
| B. Create Output Expression |
| 5. Create Rate Table |
| A. Create Rate Dimension |
| B. Create Rate Table |
| C. Add Rates in the same Create Rate Table screen, click on [ Edit Rates ] |
| 6. Create Performance Measures |
| A. Create Performance Measure |
| B. Specify Goals |
| C. Add Credit Categories (eg. IC Support Category Orlando) |
| D. Define Credit Factors (Optional) |
| E. Define Transaction Factors (optional) |
| F. Measure Formula |
| G. Scorecard |
| 7. Create Plan Components |
| A. Create Plan Component |
| B. Add performance measure |
| C. Define incentive formula |
| D. Add rate table |
| E. Provide payment information |
8. Create Compensation Plan |
| A. Create Compensation Plan |
| B. Add plan components - name = IC Support Simple Component |
| 9. Deploy Compensation Plan |