Requirement: We have absence type called Birthday leave allowing only 1 day as leave. Now we want absence validation Fast formula when employee can only apply birthday leave on or after their birth date till 2 months only. Ex – My ...Read more
Fast Formula is a powerful feature in Oracle Cloud HCM (Human Capital Management) that allows organizations to define and configure complex business rules and calculations. It provides a flexible and configurable solution for implementing various calculations, validations, and eligibility criteria within the HCM system.
With Fast Formula, users can create and manage formulas using a simple syntax and a user-friendly interface. These formulas can be utilized in multiple areas of Oracle Cloud HCM, such as payroll, benefits, compensation, absence management, and more.
Fast Formulas can perform a wide range of calculations, including mathematical operations, conditional statements, date calculations, and string manipulations. They can also incorporate variables, functions, and predefined constants to support complex rule definitions.
HCM Folks Latest Questions
I want to filter candidates who need sponsorship to work in the U.S ex: Do you need sponsorship to work in the U.S.? If the candidate marked yes–> will be moved to a new phase in the recruitment. How to achieve this ...Read more
How to write Formula to return the Enrollment Start Date of absence plan when enrolling a person to a plan which does based on person hire date and in case of multiple assignments should be based on assignment start date.
Hi, I want to check if anyone is having Global Absence Accrual Matrix Fast formula as per following requirement. There are 6 Legal entities – (LE1, LE2, LE3, LE4, LE5, LE6) Requirement: 1.25 days accrual every month (Incremental) For one specific LE1 – ...Read more
I want exact Absence validation FF to check if assignment category is probationary then leave eligible = N else Y Thank you
We have requirement where Element entry should create with Absence end Date from Individual compensation Plan. I read in oracle document that we can write compensation start date Formula and tag it to plan. Please let me know where do we ...Read more