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Benefits: Annual Amount going to element entries instead of monthly amount

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We have a program named Fondation Chantecler. (It's based on unrestricted enrollment).

We have set the rates to Per-pay-period but on an employee's element entries, the annual amount is displayed instead of the monthly amount.

See below screenshots. Can someone advise on how to get the monthly amount passed to element entries?

1st screenshot - Here we see the annual amount on the employee's element entries.

2nd screenshot - this is rate setup

3rd screenshot - program setup

4th screenshot - enrollment details

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