To update department-level costing in Oracle HCM, follow these steps:
1. Navigate to Setup and Maintenance:
- From the Home page, go to Setup and Maintenance under Tools.
2. Search for Manage Departments:
- In the search bar, type “Manage Departments”.
- Select the Manage Departments task from the search results.
3. Select the Department:
- Search for the department you want to update.
- Once found, select it and click Edit to modify the department details.
4. Access the Costing Section:
- In the Edit Department page, look for the Costing or Accounting section.
- If it’s not immediately visible, navigate to the department details or options related to Costing.
5. Update Costing Information:
- Modify the costing details for the department:
- Cost Center: Update the cost center that should bear the costs for this department.
- Account Combination: If applicable, adjust the full accounting combination (e.g., company, department, account).
- Percentage: If costs are split across different cost centers, update the percentages accordingly (e.g., 70% to one cost center, 30% to another).
6. Effective Date:
- Set the Effective Start Date for the costing update. This determines when the new costing configuration will take effect.
- If the previous costing setup needs an end date, specify the End Date for the previous configuration.
7. Save and Close:
- After making the necessary updates, click Save and Close to apply the new costing setup.
8. Verify the Costing Setup:
- To ensure that the updated costing is correctly applied, you can run a Costing Report or review payroll transactions related to the department.
- Validate that the costs are now being allocated to the updated cost center or account combination.