Use the Deduction window to initiate a non-tax deduction in accordance with the rules and policies of your enterprise.
In response to your entries in this window, Oracle Payroll generates an element for the deduction, with the necessary input values and balance feeds, and a formula with the necessary formula result rules.
If you want to add your own user-defined category for a deduction, use the application utilities Lookups window to enter additional categories for these Lookup types:
US_INVOLUNTARY_DEDUCTIONS
US_VOLUNTARY_DEDUCTIONS
US_PRE_TAX_DEDUCTIONS
If the deduction amount is to be located by a formula from a user table, you must create the user table first.
If the user table uses a row type other than the predefined types Age Range, Salary Range, or Job Class, you must set up the row type first.
If necessary, define frequency rules.
Note: Do not define frequency rules for involuntary deductions.
If necessary, modify the generated components
Define element links for the generated element(s).
Note: If you make mistaken entries when initiating a deduction so that the components generated for it need correction, delete all the generated components and re-initiate the deduction.
Create the 401(k), 403(b), and 457 Elements.
You create these pre-tax deduction elements in the Deduction window.
Define element links for the generated element(s).
You link elements to eligible assignments in the Element Link window.
Establish employer matching for 401(k), 403(b), and 457 (if necessary).
You enter matching contribution amounts in the Globals window.
Set up catch-up processing. See Setting Up Catch-Up Processing