Overview
This Oracle HCM Cloud: Fast Formula training teaches you how HCM business processes rely on fast formulas for the calculation and comparison of data. You’ll learn the required syntax and structure for writing fast formulas through a combination of interactive lessons and hands-on exercises. You’ll also review available resources such as documentation, support articles, and reference guides, that can assist you in creating and implementing fast formulas.
Learn To:
- Describe the uses of fast formulas in payroll, benefits, compensation, absence management, and time and labor.
- Describe the components, structure, and syntax of fast formulas.
- Use conditional logic in fast formulas.
- Use the predefined fast formulas delivered with your application.
- Write, compile, and troubleshoot your own fast formulas.
Benefits to You
Fast formulas provide a simple way to write formulas using English words and basic mathematical functions in order to perform calculations or comparisons. This course will help you discover how to use fast formulas to develop and implement a wide variety of business solutions.
Please Note
This course is relevant for any customers using Fusion Applications through Release 11.1.12. It's appropriate for both Oracle Cloud and on-premises deployments.
Who should attend
- Configuration Consultant
- Business Analysts
- Support Engineer
- Implementation Consultant
Course Objectives
- Describe the components and structure of formula syntax to compile successfully
- Identify common execution and compilation errors
- Write common formula types used within Oracle HCM Cloud
Product Description
- Course Overview
- Fast Formula Overview
- Basic Fast Formula Syntax
- Basic Fast Formula Structure
- Advanced Fast Formula Syntax
- Performance and Troubleshooting
- Payroll Formulas
- Benefits Formulas
- Compensation Formulas
- Absence Management Formulas
- Time and Labor Formulas
Outline
Course Overview
- Course Objectives and Agenda
- Course Materials
- Additional Sources of Information
Fast Formula Overview
- Oracle HCM Cloud Overview
- Examples of Formula Uses
- Formula Editors
- Security Overview and Example
Basic Fast Formula Syntax
- Formula Components
- Database Items
- Global Values
- Variables
- Statements and Functions
- Formula Compiler
Basic Fast Formula Structure
- Understanding Statement Types
- Writing Well Structured Formulas
- Formula Structure Examples
Advanced Fast Formula Syntax
- Arrays
- Calling a Formula from a Formula
- Setting Formula Context Values
- The Working Storage Area
Performance and Troubleshooting
- Formula Writing and Performance Tips
- Troubleshooting Tips
- Common Compilation and Execution Errors
Payroll Formulas
- Commonly Used Payroll Formula Types
- User-Defined Tables
- Elements and Formulas
- Payroll Process Configuration
- Debugging Payroll Formulas
Benefits Formulas
- Commonly Used Benefit Formula Types
- Formulas for Benefits
- Formula Contexts
- Evaluating Benefits Formulas
Compensation Formulas
- Commonly Used Compensation Formula Types
- Compensation Default and Override Formulas
- Testing Compensation Default and Override Formulas
Absence Management Formulas
- Commonly Used Absence Management Formula Types
- Formulas and Accrual Plans
- Global Absence Plan Duration Formulas
- Global Absence Plan Duration Formula Contexts
Time and Labor Formulas
- Time and Labor Formula Types
- Delivered Time Entry Rules
- Delivered Time Calculation Rules
- Time Repository Rules, Rule Sets, and Templates
- Analyzing Rule Processing