Comp Plan Setups- Manage Compensation Statements Groups

To manage Compensation Statements Groups in Oracle Fusion Comp Plan Setups, follow these steps:

1. Access the Setup Menu:

  • Navigate to the “Compensation” module in Oracle Fusion.
  • Click on the “Setups” icon.
  • Select “Comp Plan Setups” from the list of options.

2. Open Compensation Statements Groups:

  • In the Comp Plan Setups window, click on the “Compensation Statements Groups” link.

3. Create a New Group or Edit an Existing One:

  • To create a new group:
    • Click the “Create” button.
    • Enter the required details for the new group, such as:
      • Group Name
      • Description
      • Effective Date
      • End Date
      • Status (Active or Inactive)
    • Save the changes.
  • To edit an existing group:
    • Select the desired group from the list.
    • Make the necessary changes and save them.

4. Assign Compensation Statements to the Group:

  • In the Compensation Statements Groups window, select the group you want to manage.
  • Click on the “Assign Statements” button.
  • Choose the compensation statements that you want to include in the group.
  • Save the changes.

5. Define the Group’s Display Order:

  • If you want to control the order in which compensation statements appear within the group, you can define the display order.
  • Select the group and click on the “Define Display Order” button.
  • Drag and drop the statements to arrange them in the desired order.
  • Save the changes.

Additional Considerations:

  • You can use filters to search for specific compensation statements within the group.
  • You can create multiple compensation statements groups to organize different sets of statements.
  • Ensure that the effective dates for the group and the assigned statements align properly.
  • Consider using the “End Date” field for groups that are no longer active.

By following these steps, you can effectively manage Compensation Statements Groups in Oracle Fusion Comp Plan Setups and organize your compensation statements for reporting and analysis purposes.

Comp Plan Setups- Manage Compensation Statements Groups

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