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Leverage Absence Management to handle ESS Reimbursements

Any organization there will be multiple times where the reimbursement process is been used. Reimbursements are crucial processes of any organization and plays a vital role.

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Leverage Absence Management to handle ESS Reimbursements

Leverage Absence Management to handle ESS Reimbursements

Overview

Any organization there will be multiple times where the reimbursement process is been used. Reimbursements are crucial processes of any organization and plays a vital role. Oracle Fusion provides an efficient way to track the reimbursement process and history. But here we will discuss about tracking reimbursement process and history, by leveraging absence and compensation management.

Functional process flow:

  • Step 1: – Create an Absence Type as Business Trip, please note we are not creating any absence plan. So, in one way we are not adding any absence plan in employee history.
  • Step 2: – Prepare a workflow as per the requirement
  • Step 3: – Create a new value set from setup and maintenance (In this value set the details of Business Trip will be listed)
  • Step 4: – Create a Payroll Element from setup and maintenance (In this the value set will be added)
  • Step 5: – Define an Individual Compensation Plan from setup and maintenance (In this the payroll element will be added)
  • Once the Absence of Business Trip is approved from the management side, the approved absence will display in Manage Personal Contribution.
  • Step 6: – Navigate to Me>>Show More>>Manage Personal Contribution>>Select Add
  • Step 7: – Select the Individual Compensation plan and give the amount and submit.
  • Step 8: – Prepare a workflow as per the requirement
  • Once it is approved the amount will be added in the payroll element.
  • Now the payment process can be taken ahead using the payroll element.

Business benefits:

  • Leverage the max potential of absence and compensation modules.
  • Dashboards can be enabled to easily track the transactions.
  • Both absence and its reimbursement can be tracked in a single record.

Author
Samarpan Das
Oracle Cloud Consultant

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