Setting Fringe Rates

Once you have set up Fringe Benefit Codes, you can set up Fringe Benefit Rates. Rates can be set up as fixed amount or as a percentage of salary.

Setting Up Fringe Benefit Account Rates

1. In the menu, click on File. 
   
   
   
   
2. Navigate to Codes, and Fringe Benefits, and click on Fringe Benefit Account Rates. 
   
   
   
   
3. On the new screen, click Edit, and then click Insert. 
   
   
   
   
4. Enter the Code and Description and set the Status to Active. 
   
   
   
   
5. Click Close to save. 
   
   
   
   

Setting Up Benefit Rates

1. In the menu, click on File.
2. Navigate to Codes, and Fringe Benefits, and click on Benefit Rates. 
   
   
   
   
3. On the new screen, click Edit, and then click Insert.
4. Enter the Start and End Dates that the rates will be effective.
5. Depending on if you're setting up fixed rate or percentage rate, click on the drop-down box in the first or second grid.
6. Using the drop-down menus, fill in each column. 
   
   
   
   
7. Repeat steps 5 and 6 for all unique combinations of Benefit Code, Benefit Source, and Account Fringe Benefit Codes.
8. Click Close to save.