loan setup in oracle payroll

Mohamed Salah

Oracle HRMS Techno Functional Consultant

Loan Element

The business:

We want to give the employee loan and deduct it from him as number of installments.

Solution

We will create 3 elements:

1- Loan (Recurring information element contains Loan amount and installments)

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Mohamed Salah


2- Loan Payments (Non Recurring earnings element contains pay value)

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3- Loan Deductions (Non Recurring Voluntary Deductions element contains pay value)

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4- Link these elements to your payroll from Link Form and repeat this step for the remaining elements

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5- Create balance Net Loan fed by Loan Deductions subtract ,Loan Payments add with Element Entry

inception to date dimension (ITD)

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Mohamed Salah


6- Create balance Gross Loan fed by Loan Payments add with Element Entry inception to date dimension

(ITD)

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7- Create Loan Formula

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Press edit and write the following code:

Default For ENTRY_START_DATE is '01-jan-1950' (Date) Default For PAY_PROC_PERIOD_END_DATE is '01-jan-1950' (Date)

Default For GROSS_LOAN_ENTRY_ITD is 0 Default For Net_LOAN_ENTRY_ITD is 0

Default For P_Loan is 0

Default For P_Net_Loan is 0 Default For P_Recovery is 0

Default For P_Periods_Paid is 0 Default For P_Stop is 0

Inputs Are Loan_Amount, Installments

/*For First Month We need To pay him the loan and don't deduct the recovery as it starts from next period*/ Message= To_char(ENTRY_START_DATE)||' Test '||To_char(PAY_PROC_PERIOD_END_DATE)

If (GROSS_LOAN_ENTRY_ITD=0) Then ( P_Loan=Loan_Amount

P_Recovery=0

Return P_Loan,P_Recovery,Message )

Else (

P_Net_Loan=Net_LOAN_ENTRY_ITD /* Substract 2 From Get_Periods(formula function that is attached to database function we create ) as 1 for the first pay period which was skipped and second for the current period*/ P_Periods_Paid= Get_Periods(ENTRY_START_DATE,PAY_PROC_PERIOD_END_DATE)-2

If (Installments-P_Periods_Paid<=1) Then

/*Last Period Recover the complete amount*/ ( P_Recovery=Net_LOAN_ENTRY_ITD P_Stop= 1 /*stop element entry after full recover of loan amount*/ Return P_Recovery,P_Stop,Message) Else

(P_Recovery=Net_LOAN_ENTRY_ITD/(Installments-P_Periods_Paid) Return P_Recovery,Message)

)

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8- Make the formula results

9- Create formula function

And provide the parameters such as the database function parameters

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10- Don’t create formula function before the db function , write this code to create a package that

contains the function

CREATE OR REPLACE package APPS.MSA_PAYROLL_PKG AUTHID DEFINER as FUNCTION GET_PERIODS_NUMBER (

P_Start_Date IN Date

,P_END_Date IN Date) RETURN NUMBER ;

END MSA_PAYROLL_PKG;

/

CREATE OR REPLACE package body APPS.MSA_PAYROLL_PKG as function GET_PERIODS_NUMBER (

P_Start_Date IN Date ,P_END_Date IN Date)

RETURN NUMBER IS

V_COUNT NUMBER; BEGIN

Select count(*) INTO V_COUNT from per_time_periods

where start_date >= to_date (P_Start_Date) and cut_off_date <= To_date(P_END_Date );

RETURN V_COUNT;

END GET_PERIODS_NUMBER ;

end MSA_PAYROLL_PKG; /

Mohamed Salah


11- Make element entry to an employee from assignment entries

Open Entry Values and add the values Loan amount 3500 and installments 2

12- Run Quick Pay 4 times to be sure that it works fine(1 month to give the loan with no deduct,2 months

to deduct the 2 installments, last month for stop the loan element after recover all the loan amount)

First month

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Second and third month

Last month

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محمد صالح

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loan setup in oracle payroll

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