Creating custom computes

Custom computes are formulas that you can use to calculate values for various purposes. For example, custom computes can be used in adjustment calculations.

See Creating calculations.

  1. Select Benefits > Setup > Custom Computes.
  2. Click Create.
  3. Specify this information:
    Custom Compute
    Specify a name for the custom compute.
    Description
    Provide a description of the custom compute.
    Effective Date
    Specify the effective date for the custom compute.
    Business Class
    Specify the business class on which the compute is performed. For example, you would use one of these values to define a custom compute for an adjustment calculation:
    • For employees and retirees, specify EmployeeBenefit.
    • For COBRA participants, specify ParticipantBenefit.
    • For flex, specify EmployeeFlexBenefitPeriod.
  4. On the Editor tab, specify the formula for the custom compute. For adjustments, complete these steps:
    1. Select the Compute check box.
    2. Specify a Field Name, Default Label, and the Field Type, Size, and Decimals.
    3. In the Definition field, specify the formula.
      • Select Fields to access the fields on the business class.
      • Select One To Many Fields to access related business classes and their fields.
      • Select Keywords to access other items, such as Actor and Current Date.
  5. On the Custom Compute Subjects tab, create a record with the subject HCMComputeBenefits.
  6. Click Save.