Creating payment schedules
Payment schedules and pay periods are used in Absence Management, Benefits, and Time Entry.
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Select Administrator > Set Up > Resource Components > Work Assignment > Payment Schedules
or
select Absence Management > Set Up > Payment Schedules
orselect Benefits > Set Up > Payment Schedules
orselect Payroll Administrator > Setup > Payment Schedules
- Click Create.
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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
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Select this check box if employees in this payment schedule are processed through HR Payroll.
- Click Save.
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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
- Pay Code
- Maximum Hours
- Premium Rate
- Pay Code
- Maximum Hours
- Consecutive Days Overtime
- Number of Consecutive Days
- Daily Hours Threshold
- Work Period Hours Threshold
- On the Pay Periods tab of the Payment Schedule form, review the Pay Periods scheduled.
- On the Work Periods tab of the Payment Schedule form, review the Work Periods scheduled. Work periods are informational.
- Click Save.