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Oracle HCM Cloud: Fast Formula
Duration: 2 Days
What you will learn
In this Oracle HCM Cloud: Fast Formula training, you'll learn how fast formulas can be used to support business
processes in Oracle HCM Cloud applications. You'll learn how to create and implement fast formulas through a
combination of lessons and hands-on exercises.
This course is relevant for any customers using Fusion Applications through Release 11.1.9
This course is appropriate for both Oracle Cloud and on-premises deployments.
Learn To:
Describe the uses of fast formulas in payroll, benefits, compensation, absence management, and time and labor.
Describe the components, structure, and syntax of fast formulas.
Use conditional logic in fast formulas.
Use the predefined fast formulas delivered with your application.
Write, compile, and troubleshoot your own fast formulas.
Benefits to You
Fast formulas provide a simple way to write formulas using English words and basic mathematical functions in order to
perform calculations or comparisons. You will discover how to use fast formulas to develop and implement a wide
variety of business solutions.
Live Virtual Class Format
A Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any
time. Registered students must view the class from the country listed in the registration form. Unauthorized recording,
copying, or transmission of LVC content may not be made.
Audience
Business Analysts
Configuration Consultant
Implementation Consultant
Support Engineer
Course Objectives
Describe the components and structure of formula syntax to compile successfully.
Identify common execution and compilation errors
Copyright © 2013, Oracle. All rights reserved. Page 1
Write common formula types used within Oracle HCM Cloud
Course Topics
Course Overview
Course Objectives and Agenda
Course Materials
Additional Sources of Information
Fast Formula Overview
Oracle HCM Cloud Overview
Examples of Formula Uses
Formula Editors
Security Overview and Example
Basic Fast Formula Syntax
Formula Components
Database Items
Global Values
Variables
Statements and Functions
Formula Compiler
Basic Fast Formula Structure
Understanding Statement Types
Writing Well Structured Formulas
Formula Structure Examples
Advanced Fast Formula Syntax
Arrays
Calling a Formula from a Formula
Setting Formula Context Values
The Working Storage Area
Performance and Troubleshooting
Formula Writing and Performance Tips
Troubleshooting Tips
Common Compilation and Execution Errors
Payroll Formulas
Commonly Used Payroll Formula Types
User-Defined Tables
Elements and Formulas
Payroll Process Configuration
Debugging Payroll Formulas
Benefits Formulas
Commonly Used Benefit Formula Types
Formulas for Benefits
Formula Contexts
Copyright © 2013, Oracle. All rights reserved. Page 2
Compensation Formulas
Commonly Used Compensation Formula Types
Compensation Default and Override Formulas
Absence Management Formulas
Commonly Used Absence Management Formula Types
Formulas and Accrual Plans
Global Absence Plan Duration Formulas
Time and Labor Formulas
Time and Labor Formula Types
Delivered Time Entry Rules
Delivered Time Calculation Rules
Time Repository Rules, Rule Sets, and Templates
Copyright © 2013, Oracle. All rights reserved. Page 3
