PeopleSoft Payroll for North America Newsletter – September 2022

Luke Hodges

4 years ago

PeopleSoft Payroll for North America Newsletter – September 2022

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Looking Ahead:

Release 9.2: Tax Update 22-D is targeted to post on Friday, October 21, 2022.

Releases 9.1 and 9.0: Tax Update 22-D is targeted to post on Monday, October 24, 2022.

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Available Postings after PI43/Tax Update 22-C:

(U.S.) 34605313 – 2022 U.S. PAYROLL TAX & LEGISLATIVE UPDATES TOO LATE FOR 22-C DELIVERY was posted by September 28, 2022, to My Oracle Support for all releases. The updates will also be included in Tax Update 22-D and HCM 9.2 Image 44. The patch provides U.S. State Tax Table updates for Arkansas, Hawaii, Idaho, and Seattle, Washington, and U.S. Local Tax Table updates for Kentucky, Ohio, and Pennsylvania.

(U.S.) 34391396 – OREGON QUARTERLY UI WAGE FILE FORMAT EFFECTIVE Q3 2022 was posted by September 9, 2022, to My Oracle Support for all releases. The updates will also be included in Tax Update 22-D and HCM 9.2 Image 44. The patch modifies TAX860OR.SQR to report Oregon quarterly wage and tax data in the format required for submission to the new Frances online portal beginning with data submitted for the quarter ending September 30, 2022.

(U.S) PRP 34038427 was posted for Release 9.2 to My Oracle Support on August 10, 2022. The Patchset contains the following patches, which will also be included in HCM 9.2 Image 44.

(U.S.) 34038427 – NACHA RULE CHANGE: MICRO-ENTRIES
(U.S.) 34360557 – PAY INCORRECTLY DISTRIBUTED WHEN BALANCE OF NET PAY MASKED ACCOUNT IS NOT UNIQUE

(U.S.) 34038427 – NACHA RULE CHANGE: MICRO-ENTRIES

Nacha introduced a new rule to standardize practices and formatting for Micro-Entries, which are used for prenote validation. This change is needed to comply with the Nacha Micro-Entries Phase 1 rule effective September 16, 2022 (https://www.nacha.org/micro-entries), which separates the prenote transactions from regular direct deposits in separate batches, and updates the Company Entry Description with ACCTVERIFY.

To adopt the change, you must have implemented Patch 31085963 – Off-Cycle Direct Deposit Files: Payroll for North America feature delivered in HCM 9.2 Image 36.

(U.S.) 34360557 – PAY INCORRECTLY DISTRIBUTED WHEN BALANCE OF NET PAY MASKED ACCOUNT IS NOT UNIQUE will be included in Tax Update 22-D. The patch updates programs to correctly distribute the deposit amount when the net pay account’s last four digits are not unique.

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Targeted Postings before PI44/Tax Update 22-D:

(U.S.) 34614781 – COMPANY INFORMATION FIELDS ARE NOT DISPLAYED ON NE QUARTERLY REPORTING RUN CONTROL will be targeted to post by October 10, 2022, to My Oracle Support for all releases as well as included in HCM 9.2 Image 44 and Tax Update 22-D.

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Legislative Monitoring

Canada

Canada & Québec Pension Plan Enhancement Phase 1 – Update calculations effective January 2023 based on amended March 2022 Income Tax Regulations

United States

Oregon Paid Family and Medical Leave Insurance Program – Payroll deductions effective January 1, 2023
Colorado Family and Medical Leave Insurance Program – Payroll deductions effective January 1, 2023
New Hampshire The Granite State Paid Family Leave Plan – Payroll deductions effective January 1, 2023
Maryland Family and Medical Leave Insurance Program – Payroll deductions effective October 1, 2023
Delaware Family and Medical Leave Insurance Program – Payroll deductions effective January 1, 2025
Washington State Quarterly Wage and Tax Report with Standard Occupational Classification (SOC) Codes – Effective 4^th Quarter 2022

Special Legislative Note:

The Virginia Standard Deduction increase, effective October 1, 2022, was published too late to be included in Patch 34605313 – 2022 U.S. PAYROLL TAX & LEGISLATIVE UPDATES TOO LATE FOR 22-C DELIVERY. We will deliver the Federal/State Tax Table update in Tax Update 22-D. Please review PeopleSoft Payroll for North America Hot Topics Doc ID 1348833.1 for instructions on how to update the Federal/State Tax Table.

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Changes to the PeopleSoft Application Image Delivery Schedule Beginning 2023

Beginning January 1, 2023, the PeopleSoft FSCM, HCM, and Campus Solutions applications will adopt a delivery schedule of 3 Images per year instead of 4.

Payroll for North America will deliver 4 tax updates per year instead of 5. Tax updates will continue to be included with the PeopleSoft HCM Images except for the end of the year tax update, which is delivered using a PRP.

Robbin Velayedam, Senior Director, PeopleSoft Product Strategy, provides further detail in his blog, “Changes to the PeopleSoft’s Application Image Delivery schedule beginning 2023 (an Important Update)”

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Anne’s Thoughts
Quest PeopleSoft Reconnect Virtual Conference – October 10 to 13, 2022

The PeopleSoft Team will participate full force at the Quest PeopleSoft RECONNECT Virtual Conference. I love this conference because we get to focus on the details of the features delivered to our customers. We can dive deeper, which may help you discover an aspect of our PeopleSoft product that we have provided or will be offering.

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

Do you know how to set up all the new PeopleSoft Payroll features for processing U.S. and Canadian pay? – Tuesday, October 11th
All About PeopleSoft Payroll for North America Direct Deposit – Thursday, October 13th

We also have the popular PeopleSoft HCM Panel Q&A session on Thursday, October 13th.

It is still not too late to register for the conference. One of the best value options is the Corporate Pass, which allows you to bring your entire team with unlimited access. I hope to see you online at the conference.

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The Quest Oracle Community PeopleSoft Payroll for North America Special Interest Group meets the second Tuesday of each month. Please join us; this is an informative meeting, with lots of lively conversation. We always welcome your participation and contributions.

Thanks to Nicole for leading these. For info, click here.

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Upcoming Conferences/Webinars

Payroll for North America Tax Update 22-D Advisor Webcast – October 27, 2022
Quest PeopleSoft Reconnect – October 10-13, 2022 (Virtual Only)
Oracle CloudWorld (Previously Oracle OpenWorld) – October 17-20, 2022 (Las Vegas, NV)
PeopleSoft and Cloud HCM Webinar Series – Ongoing

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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. Interested in other PeopleSoft Focus Groups? See the entire list here.

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