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Finance | Project Operations, Human Resources, ...
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Flex credit prorate formula - Benefit management module - D365HR

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Posted on by 978

Hello experts,

I have some questions about Flex credit prorate formula on Flex credit programs:

I. Option: 

  • Daily â€“ Prorates the number of flex credits an employee receives to the day level. The total number of flex credits is divided by the number of days in the period. For example, if your benefit period is 400 days, the system will divide the total number of flex credits by 400 to calculate the number of flex credits employees receive per day.

My example:

- Employee onboarded at 07/01/2021

- Period: 2021

pastedimage1627292008148v3.png

- Total Credit value: 272,800

- Flex credit prorate formula: Daily

pastedimage1627292556316v6.png

=> number of flex credits employees receive per day: 272,800/ 365 = 747.3972603

=> Total flex credits amount since Employee employed (07/01/2021-12/31/2021) = 747.3972603* 184 (12/31/2021-07/01/2021+1) = 137521.0959
However, result that D365HR calculated is: 136,774

pastedimage1627292416537v4.png

II. Option: 

  • Current month â€“ Prorates the number of flex credits an employee receives to the month level, rounded to the current month. The total number of flex credits is divided by the number of months in the period. For example, if your benefit period is 15 months, the system will divide the total number of flex credits by 15 to calculate the number of flex credits employees receive per month.

My example:

- Employee onboarded at 07/01/2021

- Period: 2021

pastedimage1627292454464v5.png

- Total Credit value: 272,800

- Flex credit prorate formula: Current month

pastedimage1627292579061v7.png

=> Number of flex credit employee receives per month = 272,800/12 = 22733.333

 

=> Total flex credits amount since Employee employed (07/01/2021-12/31/2021) = Number of flex credit employee receives per month* Number of periods = 22733.333 * 6 = 136,400


However, result that D365HR calculated is: 125,908

pastedimage1627292677857v8.png

Could someone help me explain?

Thank in advance,

Best regards,

Thu,

I have the same question (0)
  • Suggested answer
    RYANSE Profile Picture
    on at
    RE: Flex credit prorate formula - Benefit management module - D365HR

    Hello Thu,

    Thank you for using Microsoft Dynamics Communities.  With the complexity of this question, I believe it would be best to have you log a support request for further assistance on this question.

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