This example walks you through the steps to creating a new fringe benefit. Let’s say that you want the benefit to be a percentage of employees' salary. You want to specify a different percentage for employees in North America, EMEA, and APAC, ranging from 33% to 35%.
Before you start, we assume that:
You've enabled Workforce for, at a minimum, Expense Planning, Compensation Expenses, and Benefits. (All three granularity levels support benefits.)
- You've imported the application metadata to include the Fringe Benefit Rate component member.
You’ve set the user variables.