19 Nov 2024

DataTerrain’s Prebuilt Paycheck Detail Report for Oracle: Simplified Payroll Reconciliation

For payroll professionals, reconciling paycheck details with Oracle’s seeded reports (such as Payslips and Paycheck) is crucial for ensuring accuracy. However, it can be time-consuming and complex, especially when dealing with large datasets. DataTerrain’s prebuilt payroll report is designed to streamline this process and make reconciliation easier, providing summarized paycheck data for review.

Prebuilt HCM report for Oracle offers payroll reconciliation and accurate data for audit and review.

What is the Paycheck Detail Report?

This prebuilt payroll report offers a comprehensive overview of paycheck data, including employee details, pay periods, and earnings information. It is especially useful for payroll teams who need to ensure that the amounts produced in Oracle’s seeded reports are accurate. The Employee paycheck report includes:

Employee Information: Employee number, employee name
Pay Period Details: Pay period start and end date
Element Data: Element name, element description
Earnings Information: Sum of earnings, sum of earnings hours

The Paycheck Detail report is built using Oracle HCM reporting tools, leveraging HCM Extract for enhanced performance to ensure it can handle large datasets efficiently. The report can be run from the ‘Checklist’ section in Oracle, and if preferred, it can be built as Prebuilt BI reports for payroll to run from the BI Publisher catalog.

Key Benefits of the Payroll Reconciliation Report

Simplified Reconciliation: Easily compare the totals in this report with Oracle’s Payslip and Paycheck reports to verify accuracy
Flexibility in Usage: Run the payroll reconciliation report for a single paycheck date, a range of dates, or for individual employees or payrolls.
Comprehensive Output: Data is displayed in Excel or CSV formats, making it easy to review and manipulate.
Regular Scheduling: Payroll teams can schedule the report for delivery on a weekly or bi-weekly basis, automating regular audits.

How to Use the Prebuilt Payroll Report

You can run the payroll reconciliation report with the following parameters:

Check Date Range: Choose a single paycheck date or a range of dates.
Employee or Payroll: Run the report for an individual employee or for an entire payroll.

Once run, the report will display the summarized data for each employee, including total earnings and hours processed for each paycheck date.

Possible Limitations and Considerations

While this employee paycheck report covers most reconciliation needs, it may not capture every possible exception or scenario. For more complex reconciliations, additional reports may be required. In case of discrepancies in totals, it’s recommended to cross-check with Oracle's official documentation or consult with payroll experts to ensure complete accuracy.

Get Assistance with DataTerrain

DataTerrain has supported over 270 organizations globally with Automated BI Migration Solution. Our team specializes in customized report development to ensure a smooth and efficient payroll reconciliation process. We provide flexible hours and require no long-term contracts, offering support whenever it is needed.