Pay Periods Remaining on Flexible Spending Account (FSA) Worksheet Counting Pays in Calendar Year for a Fiscal Year Plan
(Doc ID 2561419.1)
Last updated on FEBRUARY 20, 2020
Applies to:PeopleSoft Enterprise HCM eBenefits - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
A spending account (FSA) is set up on a fiscal year basis. However, when attempting to make or change the enrollment in Self Service, the number of pay periods remaining are based on the calendar year rather than the fiscal year.
1. Configure a Spending Account to use a fiscal year (Navigation: Set Up HCM > Product Related > Base Benefits > Plan Attributes > FSA Benefits Table).
2. Create a Life Event in Self Service (Navigation: Employee Self Service > Benefits Details tile > Life Events, Benefits Enrollment).
3. Select the Spending Account Benefit Plan for update.
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