Oracle Fusion Payroll Costing : Oracle Fusion Cloud Payroll

Name: Oracle Fusion Payroll Costing : Oracle Fusion Cloud Payroll
Rating: 4.8 (89 reviews)

Oracle Fusion HCM Payroll Costing: Learn all concepts of Costing in Oracle Fusion Payroll. Payroll costing, Element etc

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Created byAhsan Riaz

Last updated 8/2026

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What you'll learn

Configure and manage Cost Allocation Flexfields to allocate payroll costs accurately.
Set up and troubleshoot Costing of Payroll Elements, including Cost and Offset Accounts.
Understand and implement Distributed Costing, Fixed Costing, and Priority Accounts for advanced costing scenarios.
Master Costing at Various Levels such as departments, jobs, positions, and individual assignments.
Handle Costing of Payment effectively, with and without bank reconciliation.

Course content

1 section • 22 lectures • 3h 53m total length

Course Outline3:22
What all we will cover in this course.
Cost Allocation Flexfield18:37
In this Lecture, We will understand the cost of Allocation Key Flex Field
Costing of Payroll15:30
In this Lecture, We will understand what is costing of Payroll
Suspense Account11:27
In this Lecture, We will understand what is Suspense Account
Default Account10:03
In this Lecture, We will understand the Default Account
Costing of Element - Cost Account and Offset Account18:17
In this Lecture, We will understand the costing of element
Distributed Costing21:32
In this Lecture, We will understand the Distributed Costing
Fixed Costing and Not Costed8:54
Learn how fixed costing limits costing to payroll and element levels, discarding department level values, and compare it with costed and not costed scenarios for other flexi allowance.
Managing Costing of Element through Element Screen2:23
Access element eligibility from the element screen to update costing for each eligibility, using the costing tab to set cost accounts and offsets.
Priority Account in Costing of Element7:55
Costing of Departments10:33
Configure costing of departments in setup and maintenance, assign department cost allocations from the cost of allocation flexfield, and validate results by rerunning quickpay to see department-level allocations.
Costing of Jobs10:06
Master costing of jobs in Oracle Fusion HCM by assigning cost accounts at the job level, overriding element-level costs, and testing impact through a payroll run.
Costing of Position6:43
Costing of Person - Employment Payroll Relationship Level15:56
Costing of Person - Employment Assignment Level5:16
Costing of Person - Element Payroll Relationship Level6:18
Explore how costing at the person element payroll relationship level differs from assignment and employment levels, and override a single element such as mobile bill deduction.
Costing of Person - Element Assignment Level6:33
Demonstrate costing of a person element at the assignment level, overriding a specific element entry from 5000 to 7000 for assignment two while other entries remain 5000.
Costing of Element Entry8:06
Costing of Payment with and without Bank Reconciliation27:51
Transfer to Subledger Accounting5:04
Adjust Cost of Person without Rollback11:05
Adjust a single employee’s costing without rollback before subledger transfer, using costing results to allocate amounts or percentages across segments (cost center, product, intercompany) for one element or all elements.
Bonus Lesson1:30
Quiz

Requirements

Knowledge of Oracle Fusion Payroll: Learners must have a understanding of Oracle Fusion Payroll.
Knowledge of Oracle Fusion Global HR: Learners must have a understanding of Oracle Fusion Global HR Module.

Description

Unlock the secrets of Oracle Fusion HCM Payroll Costing with this in-depth course designed specifically for HR and payroll professionals, consultants, and Oracle ERP experts. This course focuses exclusively on the Costing aspect of Oracle Fusion Payroll, providing detailed insights into every critical component of the costing process.

If you are already familiar with Oracle Payroll and want to specialize in the costing functionality, this course is perfect for you. Note: This is NOT a course for learning Oracle Payroll. Participants must have understanding of Oracle Payroll before enrolling.

What You Will Learn:

Cost Allocation Flex field: Configure and use flex fields for precise costing.
Costing of Payroll: Understand how payroll costs are allocated and tracked.
Suspense and Default Accounts: Set up accounts for handling errors and defaults.
Costing of Elements: Configure Cost and Offset Accounts for payroll elements.
Distributed and Fixed Costing: Master advanced costing scenarios.
Priority Accounts: Learn how priority rules affect costing at different levels.
Departmental, Job, and Position Costing: Delve into costing by organizational hierarchies.
Costing of Person Details: Explore costing at Payroll Relationship, Assignment, and Element levels.
Costing of Element Entry: Manage costs effectively for element entries.
Costing of Payment: Costing of payments with or without bank reconciliation.

Who this course is for:

Oracle Fusion HR and Payroll implementation consultants who want to specialize in Oracle Fusion Payroll Costing to manage and configure costing processes effectively.