This document explains the full set up of Oracle Time and Labor that is requiredto create a Time card and process it all the way through GL. It also explains the Timestore Deposit API’s. Time store deposit API is a technical way of creating the timecard.
SETUP for OTL: Processing payroll through OTL entries
Payroll processing of the workers that are getting daily wages, is done through Time cardentries from Time and Labor Responsibility.To enter a Time card we need minimum of one recurring element and n(1..n) number of non recurring elements.Time Elements (Non Recurring)Hours, Rate, Multiple1.
Define Recurring Element
Responsibility: Super HRMS Navigation: total Compensation-> Basic-> EarningsSince these employees get paid on the basis of number of hours they worked, we definethe salary basis for these employees as ‘Hourly Basis’