Date of Entry Problem

[Guest Jhagan]

It is valuation time again for my office (09/30) annual plans. Only the second year on Quantech some we have some pretty basic questions.... I have a date of hire of 03/03/98 - date of entry is first day following one year of service which should be 04/01/99, but the system is calculating 03/01/99. I made sure that the "credit full month for any service" is NOT checked. The system calculated correctly on all but one person on two plans? Any suggestions?

[Guest DottleC]

You might give Quantech a call and see if you can export the plan to them for review.

[Guest]

what do you have answered for "Waiting period exclusive"

example: ee hired 3/2

if not checked, ee completes 1 year on 3/1, if monthly entry, would enter 3/1.

if checked, ee completes 1 year on 3/2 and wouldn't enter until 4/1.

granted, if ee was hired 3/3 system should make him wait until 4/1, but because plan is not calendar year, maybe system is having a brain freeze. I agree, you may have to ask them directly if all things are coded as you indicated. still, you might want to try 'exclusive' logic.

by the way,

since you indicated you were a fairly new user, one item you might want to change in plan specs (this has no effect on your question, but is a suggestion) is

'past years service computation'.

once a plan has been processed one year, this item should probably be set to 'not computed' if you have it set to 'half years credited'

[Guest Jhagan]

Thank you - the problem was the waiting period exclusive. Works beautifully now.