Benefit Company overview

Infor uses a benefit company to hold the parameters that are specific to your plans. This benefit company is associated with the Human Resources company you previously set up.

Benefit Company Parameters

These defaults are specific to your benefit plans. These are the parameters that you can use:

General Ledger account to use for cash received from invoice payments
Invoice billing dates for retirees and COBRA participants
Whether health, dental and dependent life plans tracks dependent coverage
COBRA occurrence types
Rates to calculate taxable amount for reportable group life insurance