Payroll for NA / Time and Labor - PSFT (MOSC)

MOSC Banner

FSA Annual Limit Exceeded with Arrears Payback

edited Mar 30, 2022 1:38PM in Payroll for NA / Time and Labor - PSFT (MOSC) 4 commentsAnswered

The FSA a/c has an annual pledge amount of $2700 entered.

I have an employee that had FSA go into arrears for $61 on the paycheck since there wasn't enough net pay.(3/01 to 3/15 paycyle)

Had there been enough net pay the $61 would be taken and the YTD met.

On the next paycheck,(3/16 to 3/31) the PayCalc took the remainder of $61 and also took the $61 that was in arrears payback thereby going over the Annual Pledge amount.

Now, the YTD shows $2761 and annual pledge shows $2700 !

How did this happen? Shouldn't it have stopped and given an error during the Payroll calc?

On the next payroll calc (4/1 to 4/15) it did give an error and thats when we caught it!

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center