Tax Balance Adjustment in Oracle Payroll

How to perform Tax Balance Adjustment in Oracle Payroll?

Step1 – Navigate

Go to Payroll => Adjust Individual Balances

Step 2 – Tax Adjustments

Enter the values from Employee Active Payroll Balance reports. If you are reversing the balance adjustments then enter negative amount.

If you are refunding the money using tax refund, then uncheck payment and costing checkbox as Tax refund element will be costed.

Save and Close.

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