SAP ABAP IMG Activity OHFBNPI05 (Define Flexible Benefits Plan Annual Cost Factoring (FLEX))
Hierarchy
☛ EA-HRCGB (Software Component) Sub component EA-HRCGB of EA-HR
   ⤷ PA-BN-FB-XX (Application Component) General Parts
     ⤷ PAOC_BEN_FBN (Package) Flexible Benefits System
IMG Activity
ID OHFBNPI05 Define Flexible Benefits Plan Annual Cost Factoring (FLEX)  
Transaction Code S_SLN_44000014   (empty) 
Created on 20040422    
Customizing Attributes OHFBNPI05   Define Flexible Benefits Plan Annual Cost Factoring (FLEX) 
Customizing Activity OHFBNPI05   Define Flexible Benefits Plan Annual Cost Factoring (FLEX) 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name OHFBNPI05    

Use

In this step, you define whether cost factoring (pro-rating) is applied when you enrol new employees in annual Flexible Benefits plans.

For some annual Flexible Benefits plans, the annual plan costs are divided evenly and paid by the participating employee in each payroll period. Therefore, for such plans, you may wish to factor (pro-rate) the annual plan costs for new employees who join your organisation during the course of the current benefits year.

You use this step to assign cost factoring to benefits plans for newly-hired employees. You set the cost factoring indicator when you wish the employee to pay the whole annual cost over the payroll periods that he or she participated in the benefits plan.

Note:

This pro-rating is only supported in Miscellaneous, Health and Insurance Plans.

Requirements

You have previously configured your required Miscellaneous, Health or Insurance Plans in the Benefits Administration IMG.

Note:

You can only assign cost factoring to a single annual benefits plan.

Once the annual (open) enrolment or new hire enrolment period has closed , an annual benefits plan cannot be changed or delimited. The only exception to this is a change that affects the whole of the annual benefits plan period.

For example, an employee commences with your organisation and enrols one day holiday buy in the period 01 June - 31 March of the following year. If the employee later wishes to amend the plan option to two days (because of a life event change), this is only possible by overwriting the whole plan period 01 June - 31 March.

Activities

  1. Choose your required Benefit Area when prompted by the system.
  2. Select a Miscellaneous, Health or Insurance Plan.
  3. Set the Pro-rate on Annual indicator.
  4. Repeat steps 2 and 3 for each annual plan you wish to apply factoring to.
  5. Save your entries.

Example

You have previously implemented a Health Screening Plan, with an annual cost to an employee of GBP 120. The cost of the plan at the beginning of the benefits year is deducted over 12 payroll periods, that is, GBP 10 per period.

A female employee joins your organisation half-way through the current benefits year, with six payroll periods remaining before the end of the current benefits year. You have two customising options in this situation:

  • You set the Pro-rate on Annual indicator for the Health Screening Plan for this employee. The system then calculates the pro-rated cost of this plan for the employee, based on the remaining payroll periods in the benefits year.

    Therefore, she pays GBP 20 per month for the remaining six payroll periods of the benefits year.

  • You do not set the Pro-rate on Annual indicator for this plan, and the system does not calculate the pro-rated plan cost.

    Therefore, the employee pays GBP 10 per month for the remaining six payroll periods of the benefits year.

Business Attributes
ASAP Roadmap ID 203   Establish Master Data 
Mandatory / Optional 2   Optional activity 
Critical / Non-Critical 1   Critical 
Country-Dependency I   Valid for countries specified 
Customizing Attributes Country Key Country Name
OHFBNPI05 GB United Kingdom
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG OHFBNPI05 0 PLN0000014 Great Britain 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
V_T74_FBN16 V - View SM30  
History
Last changed by/on SAP  20040422 
SAP Release Created in