How does oracle with with int-rem accounts?

4.1 Understanding Interim Payment Setup

To ensure that interim payments are processed according to the policies of the organization, you must set up certain items within the Interims Workbench program before you enter and process interims. You can set up date information for each pay cycle in which you want to process interim payments when you create an interim ID. Additionally, you can specify the reports that you want to print during each step of the interim payment process.

4.2 Setting Up the Interims Workbench

This section provides an overview of the Interims Workbench and discusses how to:

Set processing options for the Interims Workbench program (P07210I).

Create an interim payroll ID.

Roll pay period dates forward for an interim ID.

4.2.1 Understanding the Interims Workbench

You use the Interims Workbench program (P07210I) to create interim payroll IDs, then enter and process interim payments for employees in the organization. Interim payments are grouped together using interim payroll IDs. Before you enter and process interims, you must set up the Interims Workbench so that the payments that are created are accurate.

4.2.1.1 Creating an Interim Payroll ID

Before you can enter interim payments, you must create an interim payroll ID that defines header information for the interim payments. Header information includes the associated pay cycle code, country code, date information, and the number of the bank account from which the interim payments will be paid. The system uses this information to create the interim payments that are associated with the interim ID.

The interim payroll ID is a temporary holding area for interim payments that you have not yet processed in a payroll cycle. You do not enter pre-payroll information for an interim payroll ID, nor do you process the Interim ID through a payroll cycle. Instead, you include the interim payments that you enter through the Interim Payment Workbench with payments in a regular payroll ID. To do this, you must select the Merge Interims or Interim Only option within the payroll ID when you process the regular payroll.