About Entering Rates

You can enter component rates and logic by period and by entity in the Benefits and Taxes Wizard. You can account for rates that change during the year and assess their impact on compensation expenses. For example, you can account for a tax rate that changes in July.

The Rates page in the Benefits and Taxes Wizard opens with the YearTotal member collapsed with the Time Balance property of Account set to Balance. You can enter a value in YearTotal, and the value automatically spreads to the last of its child time periods. If no distribution exists (that is, the values for all children are zeros or are missing), the value is spread across its children. Or, you can expand YearTotal and manually enter or change rates in the level 0 members.