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Load FSA and HSA balances for April to March plan year

in Payroll and Global Payroll Interface (GPI) 1 comment

Summary: Need recommendation for loading balances for a 7/1 go-live for a customer that has a April 1 to March 31 FSA and HSA plan year


Content (please ensure you mask any confidential information): Customer has a plan year of April 1 2023 to March 31 2024 and is going live with payroll on 7/1/24. Need recommendation on how to load the FSA and HSA balances reflecting the deductions completing the plan year from 1/1 to 3/31 /2024 and the deductions from 4/1/24 to 6/30/24 of the new plan year as well as the 1/1/24 to 6/30/24 for the tax balance.

I was thinking of doing the balance initialization from 1/1-3/31/24 and a balance adjustment from 4/1-6/30/24 to capture the entire 6 month period. Is there a dimension available just for the plan year to support the appropriate balances?

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