The Oracle HRMS Implement and Use FastFormula course gives you the fundamental skills that you will need to create, and maintain FastFormulas in HRMS. You will learn about different formula types, the seeded formulas, and how to adapt them. Specifically you will be introduced to the FastFormula required syntax, the use of global values, database items, data types, conditional logic, functions, user tables and their validation. You will also learn how to use FastFormula with QuickPaint Reports and Assignment sets.

Objectives

  • Explain the different formula types
  • Explain the difference between the predefined, seeded, generated and user defined formulas
  • Adapt seeded and generated formulas to meet the needs of your enterprise
  • Write well structured and efficient FastFormulas
  • Write formulas using the FastFormula Assistant
  • Use conditional logic, Boolean operators, functions and user tables in your formulas
  • Create, modify, and use FastFormulas for validation
  • Use conversion functions in your formulas
  • Explain the use of FastFormulas for Quick Paint Reports and Assignment Sets
  • Create FastFormulas to define rules for Business Administration
  • Create, modify, and use FastFormulas for Payroll Processing
  • Create, modify, and use FastFormulas for PTO Accrual Plans

Module

  • Introduction to Oracle FastFormula
  • Basic Syntax and Structure
  • Advanced Syntax and Examples
  • Introduction to Using FastFormula
  • Using Oracle FastFormula in Benefits Administration
  • Using FastFormula in Oracle Payroll
  • Using FastFormula with Absence Management and PTO Accrual Plans
  • Using Formulas to Define Business Rules

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