Negative payments occur in Finnish payroll processing if after-tax deductions exceed the net salary. Oracle HRMS provides you with the necessary elements and balances to process negative payments manually.
Oracle HRMS provides you with three arrears elements:
Tax Arrears
Pension Insurance Arrears
Unemployment Insurance Arrears
To adjust the arrears for any of these components manually, you enter the amount in the respective predefined payment arrears elements that Oracle HRMS provides. These are:
Tax Arrears Payment
Pension Insurance Arrears Payment
Unemployment Insurance Arrears Payment
Note: The arrears payment functionality does not change the tax paid balance or statutory deductions, but populates the respective arrears payment balances.
Link the relevant payment arrears elements to your payroll.
Link these payroll arrears elements to the employee's assignments.