Flexible Spending Account (FSA) not Calculating Correctly When Using Frequency Rules on the Element
(Doc ID 473694.1)
Last updated on MARCH 26, 2018
Applies to:Oracle Advanced Benefits - Version 188.8.131.52 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.
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In this Document