Date format

The date format applicable to the login user. More details.

Benefits Definition Unit

Select the organization unit which you must map the plan contributions to account(s). The drop-down list box displays all the organization units where you have permission to map plan contributions to various account. Tell me more.

Finance Book

From the drop-down list box select a finance book in which accounting entries for the plan contributions is to be recorded. The drop-down list box contains list of all the finance books created in the Benefits definition unit.

Plan Code

Enter the plan code to which an account is to be mapped.

Plan Description

The description of the specified plan code.

Contribution Account

Select the contribution account check box to indicate that the contributions received from the employer and employee will be mapped to an account.

COBRA Account

Select the check box to indicate that the contributions received from COBRA will be mapped to the account.

Service Charge Account

Select the contribution account check box to indicate that the amount received from the service charges charged from the employees for COBRA plans will be mapped to the account.

Liability for Contribution Account

Select the check box to indicate that the mapping of the account will be made for the contra entries for the receipts of various plan contributions.

Common Account for plan

Select “Yes” from the drop-down list box, to indicate that the selected plan contributions must be assigned a single ledger account number.

For example, if the selected plan is Dental, all transactions of Dental plan across employment units/grades/grade sets from will be assigned to the same ledger account number.

Select “No” if a common account is not to be maintained.

By default the system will display with a blank value.

Employee Contribution Account #

Enter the account number for the employee contribution account.

Employer Contribution Account #

Enter the account number for the employer contribution account.

Common Account for Element

Select “No” from the drop-down list box, to indicate that the selected plan contributions will be assigned multiple ledger account numbers.

Employment Unit

The description of the employment unit to which the account number must be mapped.

Grade set

The grade set to which the account number is mapped.

Grade

The grade to which the account number is mapped.

Employee Contribution Account

The account code to which the employee contribution is mapped.

Employer Contribution Account

The account code to which the employer contribution is mapped.