Initial Balance Loading for Oracle Payroll - US Legislation

Question

Dears,
We are in process of Oracle Payroll implementation for US Legislation R12.1.3, any i have Questions related to initial Balance Loading:
  1- It is a mandatory Step to set initial values for the legislative defined balances?
  2- What is the aim for this step?
  3- What is the impact if we ignore this step?
  4- Steps?
  5- What is the Elements i need to initial values for the balances?
  6- What is the Balances i need to initialize for each elements?
Note: kindly note that i read related Metalink posts, but i need it more clearly.
Please advice, it is Urgent
Thank you

Answer 1

1.     Prepare your Balances data with the following Details and build Batches.
pay_balance_batch_lines
(assignment_id, balance_dimension_id,
balance_type_id, payroll_action_id, batch_id,
batch_line_id, batch_line_status, VALUE,
assignment_number,
balance_name, dimension_name,
gre_name, jurisdiction_code,
original_entry_id, tax_unit_id,upload_date
2.     Run the Initial Balance Structure Creation Program.
This program defines/creates the Element for Initial Balance Feed to all the Balances involved in the Batch.
3.     Run the Initial Balance Upload Program in Validate Mode
This program when run in Validate Mode, validates the Batch to look for Errors if any. No Balances are loaded into the system.
4.     Once the Initial Balance Upload Program completes successfully in Validate Mode then Run the Initial Balance Upload Program in Transfer Mode.
5.     If you run into Errors then Run the Initial Balance Upload Program in Undo Transfer Mode, fix the issues and start from step 2 else Process Completed!!!
All the Legislative Balances need to be uploaded correctly. there is a long list of Fed, SS, Medicare and State/Local Balances for US.
We had challenges with Pre Tax Deductions that didn't update the Fed, SS and Med Taxable Wages correctly and had to make many Adjustments end of the Year.
Do a Regular Batch Balance Adjustments if possible, this will be a simple activity and will assure you that all Tax Balances will be accurate.
Initial Balance uploads cann't be archived, so there Balances will be missing in your Reportigns based on Archived data in pay_Action_information