Annual rate calculation based on remaining pay periods based on joining date of employee
in Benefits
Summary:
We have a requirement that for the benefit plan FSA, the amount will be added by the employee manually while enrolling for the plan. Currently the annual amount is calculated and shown for the full pay period of the year. But the requirement is, the annual amount need to be calculated from the amount entered by employee multiplied by remaining pay period of the year if the employee joins in the current year. How to achieve this?
No coverage used.
Per pay period amount entered by employee while enrolling to the plan.
Tried setting annual rate = use estimate only. But didn't work.
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