fast formula interview questions

• Can you call pl/SQL package functions from within a Fast Formula? …
• What are list types? …
• How do you Debug a Fast Formula? …
• What are the various levels where you can Set up Payroll Costing Accounts?

Oracle HCM Fast Formula | Getting Started Fast Formula | Fast Formula Components |BISP Oracle Fusion

Ready to face interview for Oracle Payroll? Do not worry, we are here to help you with job interview preparation. If you are preparing Oracle Payroll interview and not sure which questions are likely asked in interview, we suggest you to go through Wisdomjobs interview questions and answers page to crack your job interview. Oracle Payroll is a branch in the HR department tree. All the details like health insurance, premium, claims, professional tax, income tax, incentives are included in it. For any arrears for previous month are added in it. Strong HR skills are needed as there is huge competition. Below is the list of frequently asked Oracle Payroll interview questions and answers which gets you ready to face the interviews:

How much does a Fedex Financial Analyst make in Pittsburgh, Pennsylvania?

As of Sep 9, 2022, the average annual pay for a Fedex Financial Analyst in Pittsburgh is $63,452 a year. Just in case you need a simple salary calculator, that works out to be approximately $30.51 an hour. This is the equivalent of $1,220/week or $5,287/month.

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Q : What is Legislative Data Group in Fusion HCM?

Legislative data groups are a means of partitioning payroll and related data. At least one legislative data group is required for each country where the enterprise operates. Each legislative data group is associated with one or more payroll statutory units. Each legislative data group marks a legislation in which payroll is processed, and is associated with a legislative code, currency and its own cost key flexfield structure.

How to Create Fast Formula in Oracle Fusion HCMHi friends, we are going to discuss about the how to Create Fast Formula in Oracle Fusion HCM. We will share the details steps to configure and implement the fast formula in oracle fusion payroll. Fast formula helps to perform the calculations in oracle fusion HCM. Oracle has given the fast formulas specific for Oracle Fusion Payroll. In this post , We are sharing one of the example about payroll to configure the Fast Formula in oracle fusion HCM. Fast Formulas are always customer specific and we can design as per the business requirement .Oracle Fast Formula is a tool to write formulasusing English words and basic mathematicalfunctions. We can write generic expressions for anycalculation or comparison you may want torepeat.

The first step is to navigate to the task and click Create.

Step 2:-

The application will prompt for the custom *Formula Name, *Type, Description, *LDG and based on the type chosen, a Type of Editor will be displayed. When creating formula names, it is best practice to use and enforce a unique and consistent naming convention. There are 122 different types of formulas to choose from in the drop-down and the type chosen will determine the available Database Items and the input values in addition to the appropriate Type of Editor.

Step 3:-

There are a number of types for the Compensation, Payroll and Absence Management modules but the majority of other types belong to the Benefits module.

Step 4:-

Step 5:-

The most appropriate Type of Editor for a particular Formula Type is determined by the application. The two Types of Editors are Expression and Text. The Text Editor will require an Effective Start Date. Best practice is to use an Effective Date that will precede any Hire Date, e.g. mm/dd/yyyy as 01/01/1951.

Step 6:-

Step 7:-

If the Expression Editor was chosen, the Expression wizard will appear in the Manage Formula Details section in the Local Area of the User Interface. Instead of writing the Formula text from scratch, the wizard will create the Formula based on the values chosen or entered in the Formula Details fields.

Step 8:-

The user can enter many arguments in the Expression Editor wizard. The green arrows above the arguments allow the user to determine the sequence (“Add Before” or “Add After”).

FAQ

What is HCM fast Formula?

What is context in fast Formula?

How do you use fast Formula in HCM extract?