Oracle Incentive Compensation: Test Run For Calculation Setup From Scratch On Test Instance

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Oracle Incentive Compensation

Test Run for Calculation


Setup from scratch on Test instance

A Presentation by
Overview of OIC components
Territory
Human Resource
Manager

Resource
General Ledger
Manager

Incentive
Compensation Payables

Order
Receivables Management

API, CSV, 3rd


Party

Collections
OIC Basics

Collect

Calculate

Pay
OIC Transaction Flow
Responsibility Role mapping
Responsibility Name Roles
Incentive Compensation Administrator Implementation Role User
Plan Administrator Rules Library Management
Building Compensation Plans
Compensation Scenarios
Compensation Manager Assigning Compensation Plans, Pay
Groups, and Payment Plans
Compensation Analyst Collecting and Adjusting Transactions
Calculating Compensation
Payment with Payment Batches
Incentive Compensation User (Manager Reports
Self Service)
Incentive Compensation User (Self Reports
Service)
Setup flow
Define Security Profile
Generate security Profile
Assign OIC Responsibilities to User
Set security profile option to responsibility
Define employee
Define Roles
Define Groups
Import Resources
Assign Groups and Roles to resources
Example structure

Wai Hoong
GAM

Jeremy
AM AM

AS
AS AS

UTC

Justin

Dzul
• Completed Resource setups
Setup intervals
Open accumulation periods
Define classification Attribute
Make Rollup_level column available in calculation
Define a product(revenue class)
Add product to product hierarchy
Define classification rules
Synchronize classification ruleset
• Plan definition
Define compensation plan
Define Plan Element
Define Formula
Define input expression
Define output expression
Assign expressions to formula
Create rate table
Create dimensions
Define commission rates
Assign rate table to formula
Generate database package
Add formula to plan element
Cont. Plan element creation
Assign plan to roles
Define pay group
Assign pay group to role
Enter manual transaction
Load Transaction
Calculate Compensation

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