Creating payment schedules

Note: Whereas the pay frequency is system-defined and related to payroll activities, the payment schedule is user-defined and used to describe the days on which resources are paid. For example, if a resource is paid with a bimonthly pay frequency, you can create the payment schedule as "15th and last day of month."

Payment schedules and pay periods are used in Absence Management, Benefits, and Time Entry.

  1. Select Administrator > Set Up > Resource Components > Work Assignment > Payment Schedules
    or

    select Absence Management > Set Up > Payment Schedules

    or

    select Benefits > Set Up > Payment Schedules

    or

    select Payroll Administrator > Setup > Payment Schedules

  2. Click Create.
  3. On the Detail tab of the Payment Schedule form, specify this information:
    Effective Date

    Specify an effective date.

    Payment Schedule

    Specify a short description for the payment schedule.

    Description

    Specify a long description for the payment schedule.

    Active

    The payment schedule is active by default. Clear the check box to make it inactive. Inactive payment schedules cannot be selected.

    First Pay Period Start Date

    Specify the start date of the first pay period. (Pay periods are automatically created using this date and the Pay Frequency.)

    Current Pay Period Start Date

    Specify the start date of the current pay period.

    Pay Frequency

    Select the pay frequency.

    Note: The pay frequency on the payment schedule must match the pay frequency of the work assignment. Pay frequency is used by Absence Management, Benefits, and Time Entry.
    First Work Period Start Date

    Specify the start date of the first work period. (Work periods are automatically created using this date and the Work Period Number of Days.) Work periods are informational only.

    Work Period Number of Days

    Specify the number of days in a work period.

    Global HR Payroll

    Select this check box if employees in this payment schedule are processed through HR Payroll.

  4. Click Save.
  5. On the Overtime Options tab of the Payment Schedule form, select the Overtime Calculation Required check box if overtime pay is applicable to the payment schedule. Specify this information:
    Work Period Number of Hours
    Maximum Hours Per Day
    Overtime Pay Code
    Overtime Premium Rate
    Work Period Option
    Fixed Hours
    For double time, specify this information:
    Pay Code
    Maximum Hours
    Premium Rate
    For consecutive days, specify this information:
    Pay Code
    Maximum Hours
    Consecutive Days Overtime
    Number of Consecutive Days
    Daily Hours Threshold
    Work Period Hours Threshold
  6. On the Pay Periods tab of the Payment Schedule form, review the Pay Periods scheduled.
  7. On the Work Periods tab of the Payment Schedule form, review the Work Periods scheduled. Work periods are informational.
  8. Click Save.