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PeopleSoft Payroll for North America Newsletter – August/September 2024

Luke Hodges

PeopleSoft Payroll for North America Newsletter – August/September 2024

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HCM 9.2 Image 50, containing Tax Update 24-C, was posted on September 20, 2024.
Tax Update 24-C for Release 9.1 was posted on September 23, 2024.

  • Recording Oracle Advisor Webcast: PeopleSoft Payroll for North America Tax Update 24-B General Information Session on May 30, 2024: Doc ID 1
  • Review highlights of HCM 9.2 Image 50 on YouTube: https://youtu.be/_Hi5m2hANWA

HCM Image 50 New Features:

Payroll for North America (PNA)

  • OK to Pay All
  • U.S. Year-End Insights Analytics
  • PNA Employee Self-Service PreBoarding Reaction (Future Hire)

Reminder: Release 9.2 Payroll for North America Consolidated Tax Update Tax Table Changes are delivered in a PeopleSoft Release Patchset (PRP) separately from the PeopleSoft Update Image (PI).

  • PRP 37009959 was posted for Release 9.2 to My Oracle Support on September 23, 2024, containing the following:
    • (U.S.) 37009959 – CONSOLIDATED U.S. TAX TABLE CHANGES – TAX UPDATE 24-C
    • (U.S.) 37029621 – CONSOLIDATED U.S. GARNISHMENT TABLE CHANGES – TAX UPDATE 24-C

For Release 9.2 notes, review Payroll for North America Tax Update Documentation on My Oracle Support Doc ID 2820620.2.

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Available Postings after HCM Image 50/Tax Update 24-C:

(Canada) 36952652 – CAN: CPP REFUND AMOUNT INCORRECTLY PROCESSED WHEN ONLY BONUS IS PAID ALSO NEGATIVE EARNINGS CAUSES INCORRECT CPP REFUNDS was posted to My Oracle Support by September 23, 2024, for Release 9.2. The update will also be included in Tax Update 24-D and HCM 9.2 Image 51.

(U.S.) 36426971 – MODIFY OREGON UI QUARTERLY WAGE FILE TO PROCESS EMPLOYEES WITH NEGATIVE TAX AND PAID FAMILY AND MEDICAL LEAVE TAX BALANCES was posted to My Oracle Support by September 20, 2024, for Release 9.2. The update will also be included in Tax Update 24-D and HCM 9.2 Image 51.

(U.S.) 37010718 – ERROR OPENING PAYCHECK OPTIONS PAGE ON MS SQL SERVER WHEN ZERO NET PAYCHECK NUMBER IS GREATER THAN 999 was posted to My Oracle Support by September 23, 2024, for Release 9.2. The update will also be included in Tax Update 24-D and HCM 9.2 Image 51.

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Looking Ahead:

Release 9.2:  Tax Update 24-D/HCM 9.2 HCM Legislative Patchset (PRP) is targeted to be posted on
Friday, November 22, 2024.

Release 9.1:  Tax Update 24-D is targeted to be posted on Friday, November 22, 2024.

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Targeted Postings before PI51/Tax Update 24-D

(Canada) 37009562 – CAN: CPP REFUND AMOUNT INCORRECTLY PROCESSED WHEN ONLY BONUS IS PAID ALSO NEGATIVE EARNINGS CAUSES INCORRECT CPP REFUNDS will be targeted to post by
October 4, 2024, to My Oracle Support for Release 9.1, and be included Tax Update 24-D.

(U.S.) 36831259 – MODIFY OREGON UI QUARTERLY WAGE FILE TO PROCESS EMPLOYEES WITH NEGATIVE TAX AND PAID FAMILY AND MEDICAL LEAVE TAX BALANCES will be targeted to post by October 4, 2024, to My Oracle Support for Release 9.1, and be included in Tax Update 24-D.

(U.S.) 36863513 – RETRO PAY OVERSTATED FOR SOME MID PERIOD CHANGES will be targeted to post by October 18, 2024, to My Oracle Support for Release 9.2, and be included in HCM 9.2 Image 51 and Tax Update 24-D.

(U.S.) 36921997 – RETRO PAY CALCULATION CAUSES UNIQUE CONSTRAINT ERRORS IN SOME SCENARIOS will be targeted to post by October 18, 2024, to My Oracle Support for Releases 9.2 and 9.1, and be included in HCM 9.2 Image 51 and Tax Update 24-D.

(U.S.) 36951758 – COLORADO PAID LEAVE FILE HAS INCORRECT FEIN WHEN REPORTING MULTI COMPANIES WITH ONE FILE PER COMPANY will be targeted to post by September 27, 2024, to My Oracle Support for Releases 9.2 and 9.1, and be included in HCM 9.2 Image 51 and Tax Update 24-D.

(U.S.) 37013656 – TEXAS QUARTERLY UI WAGE FILE MISSING CARRIAGE RETURN AT END OF EACH LINE will be targeted to post by October 18, 2024, to My Oracle Support for Releases 9.2, and be included in HCM 9.2 Image 51 and Tax Update 24-D.

(U.S.) 37019901 – MODIFY KANSAS QUARTERLY UI WAGE FILE TO SUPPORT NEW SUI ACCOUNT FORMAT will be targeted to post by September 27, 2024, to My Oracle Support for Releases 9.2 and 9.1, and be included in HCM 9.2 Image 51 and Tax Update 24-D.

(U.S.) 37076904 – MODIFY NEVADA QUARTERLY UI WAGE FILE TO INCLUDE OUT OF STATE WAGES will be targeted to post by October 25, 2024, to My Oracle Support for Releases 9.2 and 9.1, and be included in HCM 9.2 Image 51 and Tax Update 24-D.

(U.S.) 37058696 – ADDITIONAL RETRO PAY CHANGES NEEDED TO CALCULATE NEW RATE USING FREQUENCY FACTOR BASED ON EARNINGS END DATE will be targeted to post by October 25, 2024, to My Oracle Support for Release 9.1, and be included in Tax Update 24-D.

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Legislative Monitoring

Canada

United States

Previous Legislative Updates

Alabama Exempt Overtime Update

On May 3, 2024, the governor of Alabama approved HB407, which amended the definition of gross income related to overtime income effective October 1, 2024.  The amended definition of gross income now includes FLSA overtime.  PeopleSoft will continue to monitor to see if there are further updates.  Currently, there are no anticipated PeopleSoft deliverables for this update.

Maryland Family and Medical Leave Insurance Program Update

On April 25, 2024, the governor of Maryland approved SB0485, the second postponement of the Maryland Family and Medical Leave Insurance Program, which will now start July 1, 2025.

SECURE 2.0 Act – Updates

The IRS announces administrative transition period for new Roth catch up requirement; catch-up contributions still permitted after 2023.  As a reminder, this two year administrative transition (delay) period is ONLY for Section 603 and does not address the other 91 provisions of SECURE 2.0.

PeopleSoft SECURE 2.0 Act Blogs:

SECURE 2.0 Act – Position paper UPDATED June 2023 (U.S.A. Only)

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Anne’s Thoughts

Quest PeopleSoft RECONNECT Dive Deep – Virtual (October 28-31, 2024)

The Quest PeopleSoft RECONNECT Dive Deep Virtual Conference will be here again soon.   As the conference title suggests, the PeopleSoft team can explore our features and products in depth.

I have two Payroll for North America sessions at this virtual conference:

  • Get Insight into your Payroll Year-End Processes
  • Payroll Work Tools for Administrators

We also have the popular PeopleSoft HCM Panel Q&A session on Thursday, October 31st.

Registration for the conference is available now.  The Corporate Pass, which allows you to bring your whole team for one price, is available again this year.  I can’t wait to see you online at the conference.

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Recommended PeopleSoft Blogs (https://blogs.oracle.com/peoplesoft)

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The Quest Oracle Community PeopleSoft Payroll for North America Special Interest Group (SIG) meets on the second Tuesday of each month. Please join us. This is an informative meeting with lively conversation. We always welcome your participation and contribution.

Thanks to Nicole Apostola for leading these.

To register for the Payroll for North America SIG meetings: https://us06web.zoom.us/webinar/register/WN_8Wvw9zEUTPi91cnRpHjZFw#/registration

Join the Quest Oracle Community PeopleSoft Payroll for North America SIG.

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Upcoming Conferences/Webinars

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Helpful Links

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Your feedback on our newsletter is always appreciated. If you have suggestions for improving this newsletter, please let us know.

Please feel free to forward the newsletter to your colleagues using PeopleSoft Payroll for North America. If you received this newsletter from a friend or colleague and would like to receive it, send me an email at anne.leung@oracle.com with NEWSLETTER in the subject, and you will be added to our distribution list.

Would you like to have a voice in our roadmap and help guide our future? If interested, please send an email to anne.leung@oracle.com with PNA Focus Group in the subject. Are you interested in other PeopleSoft Focus Groups? See the entire list here.