Important Message for Australia Oracle Payroll Customers

UPDATE OF PATCHING OVER THE NEXT FEW MONTHS

 As in previous years Oracle will endeavor to have the minimal number of patches over the months leading up to 30 June. However this year as there are a couple of large legislative changes there will be more than in past years.

Changes from 1 July 2014  (Only available on 12.0 & 12.1+ )

 As in previous years there will be a patch released around the end of May early June with changes from 1 July 2014. As these changes are dependent on the May budget exact timing cannot be provided till after the budget.

Current known changes (pending changes in budget) change to Medicare Levy rate and SGC rate (this may delayed for 2 years)

Gender Equality Reporting (Only available on 12.1+ )

An off cycle patch for Gender Equality reporting is scheduled to be available at the end of March. A white paper will be available on My Oracle Support at the same time.

SuperStream (Only available on 12.1+ )

 Oracle has decided to release two patches for SuperStream to allow customers as much time as possible to complete data capture and update their current solution.

Patch 1 – scheduled end of April. This will include data capture and superannuation processing in payroll. A high level solution overview for data capture and processing will be available in the next week or so to provide customers with as much information as possible before patch release.

Patch 2 – scheduled late June. This will include generation of XBRL file. (One XBRL file per super fund will be required)

A white paper will be available on My Oracle Support on the complete SuperStream solution around the end of April

Software developers and super clearing houses/super funds are currently working on a standard CSV file format. If this is finalized in time Oracle will also be providing a CSV file format which will be accepted by a large number of clearing houses and funds. However, the CSV file format can only be accepted for the transitional period by funds. If customers wanted to continue using this format past the transitional period they would require a third party to convert the information to the new SuperStream format.

Please contact your super funds  and clearing houses to see if they will be accepting this file format. The delivery of this is unable to be determined at this point as the ATO is still defining the file format. This may not be available in Oracle till after 1 July 2014.

Oracle will continue to communicate to customers as we move forward. As previously stated customers should be working with their super funds and super clearing houses as SuperStream delivery relies on them as well.


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