This video explains how to configure absence plan using matrix with partial accrual period proration. Besides absence plan, the end to end configuration that includes repeating period,
Global Absence Partial Period Accrual Rate fast formula and absence type have also been covered. This content also has got couple of basic accrual requirements and detailed demonstration of configuration and testing.

Key Functionalities Covered:

Front-Loaded & Incremental Methods Accrual in Absence Plan
Global Absence Partial Period Accrual Rate Fast Formula
Understanding the Input Values of Partial Period Accrual Rate Fast Formula

IV_ACCRUAL
IV_ACCRUALPERIODSTARTDATE
IV_ACCRUALPERIODENDDATE
IV_CALEDARSTARTDATE
IV_CALEDARENDDATE
IV_PLANENROLLMENTSTARTDATE
IV_PLANENROLLMENTENDDATE

Click the link to download the Fast Formula used in the demonstration:

EE_ANC_ACC_PERIOD_PRORATE_MONTHLY

https://drive.google.com/file/d/1gJSJ...

EE_ANC_ACC_PERIOD_PRORATE_YEARLY

https://drive.google.com/file/d/1gos8...

Key Words:

#AbsenceManagementHCMCloud
#MatrixAbsencePlan
#FrontLoadedIncrementalAbsencePlan
Oracle HCM Cloud Self Learning
Oracle HCM Cloud Training
Oracle HCM Cloud Tutorial
Oracle HCM Cloud Training
Oracle Fusion HCM Tutorial
Absence Management HCM Cloud
Absence Plans in HCM Cloud
Absence Accrual Configuration in HCM Cloud