Hierarchy
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Basic Data
| Data Element | BEN_ERCFA |
| Short Description | Benefit Factor for Employer Credit/Costs |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | DEC3_4 | |
| Data Type | DEC | Counter or amount field with comma and sign |
| Length | 7 | |
| Decimal Places | 4 | |
| Output Length | 8 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Factor |
| Medium | 15 | Factor |
| Long | 20 | Credit/Cost factor |
| Heading | 10 | Factor |
Documentation
Definition
Determines the employer cost/credit for the plan per base unit of coverage, for the period specified in the variant. The cost/credit for the plan is the number of base units in the coverage multiplied by the cost/credit factor:
Cost = (Coverage Amount / Base Unit) x Cost/Credit Factor
Dependencies
If you specify a cost/credit factor, you must also specify a base unit of coverage.
Example
The Standard Insurance plan offers $60,000 coverage. The total costs are split 1:3 between the employer and employee.
The total cost factor is 0.20 per month and the base unit is $1,000.
Costs are calculated per month. The total cost factor for cost is 0.20, and the base unit of coverage is $1,000. Therefore the monthly cost of coverage for the employee/employer is as follows:
Employer
($60,000 / $1,000) x 0.05 = $3
Employee
($60,000 / $1,000) x 0.15 = $9
History
| Last changed by/on | SAP | 20010329 |
| SAP Release Created in |