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Contents of the Manage Employee Dependent Care FSA Elections Screen

Use the fields and options to configure the Manage Employee Dependent Care FSA Elections screen.

Contents

Field Description
Employee

Enter, or click to select, the ID number of the employee in this required field. Costpoint validates your entry against data entered on the Manage Employee Information screen. The employee's name displays in the adjacent, unlabeled field.

Plan Year

Enter, or click to select, the plan year for which you want to set up dependent care FSA elections. Costpoint validates your entry against the Dependent FSA Setup table. When you enter this year, the start date displays in the adjacent field and the end date displays in the To field.

Dependent FSA

Use this group box to enter the amount and the deduction start date for the plan year.

Field Description
Election Amount

Enter the actual dollar amount this employee has elected for dependent care expenses for this plan year. You can enter an amount up to 9,999,999.99. This amount must be less than or equal to the plan year maximum amount for the year specified on the Manage Dependent Care FSA Plan Year screen.

Start Date

Enter, or click to select, the date on which deductions of the election amount for this employee are to begin. The date must be within the date range of the plan year.

Subtask

Subtask Description
Update Deduction Click this link to display the Update Deduction subtask, in which you update the Employee Deductions table with the deduction amount for this employee's dependent care FSA election. This link is enabled only when you have entered the Employee, Plan Year, Election Amount, and Start Date.