Oracle Payroll provides the flexibility to choose the way annual salary is calculated and reported on the following:
US Payroll
Online Payslip (both HTML and PDF).
Checks produced by running the Check Writer(XML) process.
Deposit advices produced by running the Deposit Advice (XML) process.
Canada Payroll
Online Payslip (both HTML and PDF)
Cheques produced by running the Canadian Cheque Writer (XML) process.
Deposit advices produced by running the Canadian Deposit Advice (XML) process.
This flexibility is available through the HR: Base Annual Salary Display on Standard Work Conditions profile option, which allows you to choose whether to base the annual salary calculation on the pay annualization factor value of the employee assignment's salary basis or to derive it based on the values populated in the employee assignment's standard working conditions.
You can select any of the following values:
Yes: When set to Yes the annual salary is calculated based on the assignment's standard work condition values.
No: When set to No or left blank, the annual salary is calculated based on the pay annualization factor configured in the employee assignment's salary basis.
This profile option can be set at the Site level only.
Use the System Profile Values window to set the profile option.