SAP ABAP Data Element FBN_FXFND (Flex fund)
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
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
Basic Data
| Data Element | FBN_FXFND |
| Short Description | Flex fund |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | P_AMT08V | |
| Data Type | CURR | Currency field, stored as DEC |
| Length | 15 | |
| Decimal Places | 2 | |
| Output Length | 21 | |
| 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 | Flex fund |
| Medium | 15 | Flex fund |
| Long | 20 | Flex fund |
| Heading | 21 | Flex fund |
Documentation
Definition
The flex fund is a sum of money provided by an employer to an employee for that employee to spend on flexible benefits.
A flex fund is allocated within the Additional Funding Scheme in Flexible Benefits for Great Britain (GB FlexBens).
Employees are offered a list of flexible benefits, from which they can make their selections, paying for these with their flex fund. The value of an employee's flex fund can be calculated in a number of ways:
- As a set percentage of basic salary
- As a set value, dependant on grade or position of employee
- Based on value of benefits held before the introduction of flexible benefits
- As a percentage of Base Salary, plus the value of existing benefits
- Individual calculation per employee
History
| Last changed by/on | SAP | 20030703 |
| SAP Release Created in | 200 |
