Manually creating employee flex credit records

See Mass create employee flex credit records.

  1. Select Benefits > Maintenance > By Full Flex Plans or Benefits > Maintenance > By Resources.
  2. Select a Flex Plan or Resource.
  3. On the Current tab, click Create.
  4. Select an Employment ID.
  5. Specify this information:
    Start and Stop Dates

    Select a date range for the flex credit record.

    Manual Override

    Select this check box to ensure that this record is not evaluated for changes when the Mass Update action is run.

    Currency

    Select a currency. The default value is populated from Flex Credit Rules.

    Annual Salary

    Specify a salary to override the one that is calculated. It must be within the minimum and maximum that is applied from the Flex Credit Rule.

    Flex Credits

    Specify flex credits. To calculate flex credits, save the record and then select the Recalculate action. To recalculate salary and flex credits, specify Employee ID, Start Date and save the record. Click Recalculate.

  6. Click Save.
  7. On the Flex Periods tab, specify this information: annual salary, base dollars (the flex credits given to every eligible employee in the flex plan), number of flex credits given before benefit election, pre-tax dollar limits, and the total flex and pre tax dollars. A flex period is automatically created starting with the start date for the employee's flex credits and the end date equal to the end date of the Flex plan year. These show the available and spent credits and pre tax salary. It shows the amount, if any that the employee will receive as income.