Administration Fee {optional}#

This component calculates and stores the amount of the administration fee.

Is there an administration fee?

Yes: Choose the rule to be used

No: Go to B0760

RuleDescriptionLogicAssoc.Go to
00Use Value from UserCalcSpecify the name of the <User Calc> on the
component.
The usercalc must be of the type `Function`,
with a return value of the type `Numeric`. Use
the RET operator to return the numeric value.
This value is interpreted by the component as a
user provided administration fee.

B0735
01*Use Specified AmountSpecify the <BC Value> on the component.
The specified value is used as the administration
fee.

B0735
02Percentage of Premium
Amount
Specify the <BC Value> on the component.
The specified value is used as a percentage to
be applied against the premium amount. The
result is the administration fee.

B0735

Enter a pay component in the <PC Code> field if the result is to be viewed for Payroll processing or reporting.

The BC action must be ‘Store on Line & Enroll'.

If the administration fee needs to be rounded, place the <PC Code> on B0735 instead.

If the administration fee needs to be converted to a pay period amount, place the <PC Code> on B0740 instead.


Notes #

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