Get Started with Redwood for Oracle Cloud HCM Begin Now
Benefits Billing - Benefit Coverage Charge Calculation
Content
When "Benefit Coverage Charges" are generated for a month the system calculates the rates for an employee if there is a mid month change.
Ex. A month with 30 days - Employee moves from Single to Family coverage on the 15th of the month, the system calculates the benefit rate for the month by mutliplying the Single rate by 14 days (1st to 14th) and the Family rate by 16 days (15th to 30th)
Is there a way to change the system configuration so the Benefit Coverage Charges rates are based solely on the rates within the Enrollment section of the Benefit module for the employee at the time of the bill creation?
Tagged:
1