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
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 00 | Use Value from UserCalc | Specify 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 Amount | Specify the <BC Value> on the component. The specified value is used as the administration fee. | B0735 | |
| 02 | Percentage 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.
