This component converts the administration fee from the benefit remittance frequency to the benefit deduction frequency of the payroll application.
Does the administration fee need to be converted to a pay period amount?
Yes: Choose the rule to be used
No: Go to B0750
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
01 | Convert to Pay Period Amount | Converts the administration fee to a pay period amount based on the processing frequency specified on the person’s enrollment form. | B0750 | |
02* | Convert to Pay Period Amt and Force Balance | Converts the administration fee to a pay period amount based on the processing frequency specified on the person’s enrollment form. If the administration fee is not exactly divisible by the frequency, it applies up any remainder to the first processing period of the benefit. | B0750 |
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'.
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