My Oracle Support Banner

How Can the Coverage Formula Be Configured to Round Up to 1000? (Doc ID 2672955.1)

Last updated on MAY 21, 2020

Applies to:

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

Goal

The Coverage Formula is providing incorrect rounding results for employees who enroll in a plan for 2/3’s of their salary. The .667 multiplies the salary higher, then the system adds $1000 and they are charged for an extra $1000 of coverage.

Our rules are to round up to the nearest 1,000.  How can we ensure that the correct calculated base is used for deductions?
 

Solution

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Goal
Solution


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.