Pay Period Flex Fund Balance {optional}#
This component converts the flex fund balance from the benefit remittance frequency to the benefit deduction frequency of the payroll application.
Convert the flex fund balance to a pay period amount?
Yes: Choose the rule to be used
No: Go to B0940
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
01* | Subtract from Pay Period Flex Fund | Subtracts the pay period contribution amount (B0850) for this coverage from the running total of the pay period flex fund credit balance | B0850 | B0940 |
Enter a pay component in the <PC Code> field if the result is to be viewed for Payrollprocessing or reporting.
The BC action must be ‘Store on Line & Enroll'.