Incorrect Taxable Benefit on Paycheck When Defined on Benefit Rate for Non-Life Insurance Plan

(Doc ID 2309859.1)

Last updated on SEPTEMBER 21, 2017

Applies to:

PeopleSoft Enterprise HCM Human Resources - Version 9.2 and later
Information in this document applies to any platform.


Imputed income is calculating incorrectly for a non-Life Insurance plan. The Benefit Rate table is set with an Employee Rate and the Deduction Table is set with Tax Classifications of After Tax and Taxable Benefit. Premium Frequency was set as Monthly.

1. Configure the Rate Table with an Employee Rate and a Premium  (Navigation: Set Up HCM > Product Related > Base Benefits > Rates and Rules > Benefit Rates).
2. Configure the Deduction Code for this plan on the Deduction Table with Tax Classifications of After Tax and Taxable Benefit (Navigation: Set Up HCM > Product Relate > Payroll for North America >
    Deductions > Deduction Table).
3. Calculate payroll (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).




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