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R12.2 Oracle HRMS Implement and Use FastFormula

Course Details
Code: D104518GC10
Tuition (USD): $1,954.00 • Classroom (2 days)

The Oracle HRMS Implement and Use FastFormula course gives you the fundamental skills that you will need to create, and maintain FastFormulas in HRMS.

You will learn about different formula types, the seeded formulas, and how to adapt them. Specifically you will be introduced to the FastFormula required syntax, the use of global values, database items, data types, conditional logic, functions, user tables and their validation. You will also learn how to use FastFormula with QuickPaint Reports and Assignment sets.

Skills Gained

  • Create FastFormulas to define rules for Business Administration
  • Create
  • modify
  • and use FastFormulas for Payroll Processing
  • Create
  • modify
  • and use FastFormulas for PTO Accrual Plans
  • Explain the different formula types
  • Explain the difference between the predefined
  • seeded
  • generated and user defined formulas
  • Adapt seeded and generated formulas to meet the needs of your enterprise
  • Write well structured and efficient FastFormulas
  • Write formulas using the FastFormula Assistant
  • Use conditional logic
  • Boolean operators
  • functions and user tables in your formulas
  • Create
  • modify
  • and use FastFormulas for validation

Prerequisites

  • An understanding of PL/SQL

Course Details

Introduction to Oracle FastFormula

  • How Formulas Are Used in Oracle HRMS
  • Formula Types, Contexts, Inputs and Outputs
  • Pre-defined and User defined Formulas
  • Creating Formulas
  • Advantages of Using the FastFormula Assistant

Basic Syntax and Structure

  • FastFormula Basic Syntax
  • Oracle FastFormula Structure

Advanced Syntax and Examples

  • Advanced Oracle FastFormula Syntax
  • Examples of Oracle FastFormula

Introduction to Using FastFormula

  • Introduction to Using FastFormula
  • Tips, Troubleshooting and Efficient Design
  • Using FastFormula in People Management Templates
  • Writing Formulas for Person Number Generation

Using Oracle FastFormula in Benefits Administration

  • : Using Oracle FastFormula to define rules for Benefits Administration
  • Writing FastFormula for Benefits Administration: Input, Output and Eligibility rules
  • Writing FastFormula for Benefits Administration: Further Benefit Rules Input, Output and Eligibility rules

Using FastFormula in Oracle Payroll

  • Using Formulas for Total Compensation
  • Testing Payroll Formulas
  • Designing and Building Business Rule Solutions

Using FastFormula with Absence Management and PTO Accrual Plans

  • How Absence Management and Accrual Plans use Formulas
  • Review of PTO formula Types
  • Inputs and Outputs of Accrual Formulas
  • Adapting Accrual Formulas

Using Formulas to Define Business Rules

  • Defining Parameters for Oracle HRMS Business Intelligence Reports with Formulas
  • Calling Formulas from PL/SQL
  • Creating a PL/SQL function for use in a Formula
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