Payroll Interview Questions in Oracle Apps

• What are the mandatory fields while creating Payroll?
• Payroll Name
• Period Type
• Start Date

• Define Elements?
• Elements are the building blocks for earnings, deductions, etc. of a Payroll. 
• It is a Data Structure which is used to hold information for both Human Resources and Payroll.
• In Human Resources elements may represents compensation types including Earnings such as Salary, Hourly Wages and Bonuses.
• In Payroll, elements constitute all the items in the Payroll run process.

• What the Element can represent?
• Earnings such as Salary, Wages & Bonuses
• Benefits such as employee stock & pension plans
• Non-Payroll items such as Expenses
• Employer Taxes and other Liabilities.
• Absences from work
• Voluntary and In-Voluntary deductions

• What are the Element Entry Concepts?
• Recurring: Entries can exists over many Payroll periods
• Non-Recurring: Entries are valid for single Payroll period only.

• What are the types of Element Entry?
• There are four types
1. Normal Entry
2. Override Entry
3. Additional Entry
4. Adjustment Entry
• Additive Adjustment
• Replacement Adjustment
• Balance Adjustment

• How can we add a new input value to an existing Element?
• We can add an additional input values to an existing Element if the element has not been processed in a Payroll run and  the Effective data is the same date of creation of the Element.

• What is Salary Basis ?
• Salary basis is the duration on which the salary is reckoned. It is a rule to administer pay.

• Define Quick Pay & Batch Processing?
• When calculating pay, we can use either Quick Pay Process or Batch Process
• Quick Pay Process which is for one employee.
• Batch Process for all employees together.

• What is Quick Pay/ Advance Pay/ Retro Pay?
• QuickPay: 
• QuickPay enables you to carry out payroll processing for individual employees. 
• You can use QuickPay to pay employees who are leaving and who require payment immediately.
• If an employee asks what their net pay will be this month, you can run QuickPay to find the answer, then roll it back to remove all results from the database.

• Advance Pay:
• The Advance Pay process enables you to pay employees in advance for holidays or other events. 
• The process performs payroll runs for the periods to be advanced, using all date effective information in place, and stores the final net figure as the amount to be advanced.

• Retro Pay: 
• Payment for any previous cycle in the current payroll run

• What is Retro Pay, Advance Pay & Absence Pay?
• Retro Pay: Payment for any previous cycle in the current payroll run
• Advance Pay: Payment for any future cycle/advance in the current payroll run
• Absence Pay: Payment for leaves like sick leave, maternity leave, annual leave and other statutory leaves

• Define Batch Element Entry?
• This is an open interface specially designed for elements. With Batch Element Entry we can quickly incorporate mass updates in any specific elements.