Oracle Payroll provides the Year Begin Process for you to clear the previous year's legislative configurations and prepare for the next year. Run this process after you run the last payroll of the year and before you run the first payroll of the next year.
Note: You cannot rollback The Year Begin process.
The "Year Begin Process" performs the following operations:
| Clear Wisconsin EIC | Clears the Wisconsin EIC filing status and EIC Qualifying Children information for the specified year. |
| Indiana overrides | Clears the Indiana Override Address for the specified year. |
| Indiana EIC | Removes the Indiana EIC filing status for the specified year. |
| SUI wages base overrides | For any state that has a SUI wage base override, this removes the override for the specified year. |
| Head tax exemptions | For any state that has an annual limit for a Head Tax, this clears any exemptions applied to employees for the specified year. |
| Federal EIC filing status | Removes the Federal EIC filing status for the specified year. |
If you have employees that transfer to a different work state during the tax year, it is mandatory you run the Year Begin Process to clear the SUI Base Override field. The SUI Base Override field is automatically populated when there is a change to the employees work state.
The Location report shows employees who had a work location taxation override in Taxation Location (IN) at the assignment level under Statutory Information in the prior tax year.
Note: If there are no employees who fit this criterion, the report output will be blank.
The Address report lists employees who had a Taxation Address override (Employee Address form) for the prior tax year.
For information on running the Year Begin Process, see: Running the Year Begin Process