Flexible Spending Account (FSA) not Calculating Correctly When Using Frequency Rules on the Element
Last updated on FEBRUARY 10, 2017
Applies to:Oracle Advanced Benefits - Version 184.108.40.206 and later
Information in this document applies to any platform.
Find when enrolling into FSA via self-service (or the internal enrollment form) the Communicated and Defined amount is coming up incorrectly.
On 1/1/15 – enter the annual amount $3000.
Click the Recalculate button – the per pay amount (117.71) and monthly (235.42) deduction are not correct.
The correct amounts should be 125.00 and 250.00.
The annual amount should be divided by 24 pays as per the Enrollment Frequency setup of per pay period with frequency rules.
Steps To Reproduce:
The issue can be reproduced at will with the following steps:
1. Enroll the person into Health Care FSA Plan.
2. Enter annual amount as 3000.
Communicated and Defined amounts are calculated incorrectly.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms