HRMS Terminology (Alphabet B)

BACS

 Banks Automated Clearing System. This is the UK system for making direct deposit payments

to employees.

Balance Adjustment

 A correction you make to a balance. You can adjust user balances and assignment level

predefined balances only.

Balance Dimension

 The period for which a balance sums its balance feeds, or the set of assignments/transactions for

which it sums them. There are five time dimensions: Run, Period, Quarter, Year and User. You

can choose any reset point for user balances.

Balance Feeds

These are the input values of matching units of measure of any elements defined to feed the

balance.

Balances

Positive or negative accumulations of values over periods of time normally generated by payroll

runs. A balance can sum pay values, time periods or numbers.

Bargaining Unit

 A bargaining unit is a legally organized group of people which have the right to negotiate on all

aspects of terms and conditions with employers or employer federations. A bargaining unit is

generally a trade union or a branch of a trade union.

Base Summary

 A database table that holds the lowest level of summary. Summary tables are populated and

maintained by user-written concurrent programs.

Beneficiary

 A person or organization designated to receive the benefits from a benefit plan upon the death of the insured.

Benefit

 Any part of an employee's remuneration package that is not pay. Vacation time, employer-paid

medical insurance and stock options are all examples of benefits.

Block

The largest subordinate unit of a window, containing information for a specific business

function or entity. Every window consists of at least one block. Blocks contain fields and,

optionally, regions. They are delineated by a bevelled edge. You must save your entries in one

block before navigating to the next.

Budget Measurement Type (BMT)

 A subset of Workforce Measurement Type. It consists of a number of different units used to

measure the workforce. The most common units are headcount and full time equivalent.

Budget Value

In Oracle Human Resources you can enter staffing budget values and actual values for each

assignment to measure variances between actual and planned staffing levels in an organization

or hierarchy.

Business Group

The business group represents a country in which your enterprise operates. It enables you to

 group and manage data in accordance with the rules and reporting requirements of each country, and to control access to data.

Business Group Currency

 The currency in which Oracle Payroll performs all payroll calculations for your Business Group.

 If you pay employees in different currencies to this, Oracle Payroll calculates the amounts based on exchange rates defined in the system.

Business Number (BN)

 In Canada, this is the employer's account number with Revenue Canada. Consisting of 15 digits,

the first 9 identify the employer, the next 2 identify the type of tax account involved (payroll vs.

corporate tax), and the last 4 identify the particular account for that tax.