Creating a Benefit Year - A summary of the activity

Through this activity, you can define a benefit year for an organization unit.

Creating a benefit year is a prerequisite to the creation and maintenance of the Benefit objects. Benefit objects include Benefit programs, Benefit plan types and Benefit plans. You can create a benefit year in two ways viz., Calendar year and Fiscal year. Calendar year indicates that the benefit year begins with 1st of January and ends with 31st of December of a year. Fiscal year indicates that the benefit year can have any start date and end date.

Creating a benefit year requires you to specify a unique code to identify the benefit year, accompanied by a short and a long description. You must also define the span of time, for which the benefit year is effective, by specifying the start and end dates.

Specifying Applicability to Organization Units: Specifying Applicability to Organization Units: Subsequently, you are to specify the organization units for which the benefit year will be applicable. You can define whether the benefit year will be applicable for

• The login organization unit

• All organization units

• Selective organization units. If you choose this option, you are to enter a separate page and choose the required organization units individually.

Getting familiar with the pages inside

 Each of these tasks is described in the following section.

What you can do in this activity

Through this activity, you can define a benefit year for an organization unit.