Negative Balance
Most of the organizations using oracle HCM as their ERP solutions are also using oracle absence management to manage their leave policies and requirement. In Oracle HRMS you can define as many as absence types to capture all leave types an organization is allowing to keep track of their employees time-off.
Further an organization may link these absence types with accrual plans to handle the leave policies smoothly and allow employees to see their entitlement transparently before applying any leave on application.
Oracle does allow employees to plan their leaves in advance and so they can apply leave for any future date (within the accrual period). This sometime reduces the net entitlement below their eligibility and becomes negative. Many organizations, obviously, doesn’t want entitlement to go negative for any employee. To cater this requirement oracle has given some quick setup options, which we will discuss here today.
Subscribe Now to Unlock Premium Content!
Choose a plan that fits your needs and stay ahead in your career with our expertly curated premium content.
