Hi all-
I need to update premiums for several benefit plans and would like for the "Latest change to amounts" field to show 3/1/2020 for all active employees with those plans. I have experimented in our test system at making the change in "Benefit Insurance Plans" and putting the highlighted field below as 3/1/2020. But when I save this, and even after running an update benefits process, this date is not populated into each record. Can anyone let me now what I'm doing wrong please?
Hello,
I got similar results under certain circumstances.
To start with, let’s make sure the change is being done at the correct level. In Setup > Employees > Insurance Benefits if there are any codes at the employer level, this will be where the change is being made. If no benefit codes exist at the employer level, select *** Enterprise level and make the change.
Verify in Employees > (Tasks) View/Edit Employee > Benefits > Insurance Benefits tab, detail benefit > Costs and Coverage tab that ‘Calculate From Plan Rules’ is set to Yes for the current benefit. If no, it may not update.
In Setup > System > Enterprise Setup > Enterprise Setup tab. I have benefit history enabled, and automatically recalculate benefits if it is set to Never, you may have to run Update Benefits (Employees > (Processes) Update Benefits. Mine is set to Daily and By Employee, but yours can be different.
Setup > Employees > (Benefits) Insurance Plans, select the appropriate employer level as mentioned above. The latest change to Amounts field and Reason for Change field updated when in setup I changed the ‘Current Amounts Went into effect on’ and I entered 3/3/2020. I also made a change to one of the premiums. Click Ok and I was asked if I wanted to create a history record. I selected Yes and entered 3/3/2020 for the date and Reason for Change: 3/3 test to latest change field.
This is the result I got:
Latest Change to Amounts used the system date of my computer and not the date I entered for 3/3/2020. Reason for Change was correct. Update Benefits did not change my results.
When I tested the following items, Latest Change to Amounts did not change:
In Summary, my testing results showed I needed to create a history record and incorporate a change in the setup, for example, changing a premium.
Latest Change to Amounts field is not available to mass update. However, having said this, sometimes there are workarounds. I would suggest contacting Sage HRMS support.
