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We are using SAP ECC 6 and I am configuring the Insurance Benefits. We pay our employees twice monthly. Our life insurance plan is based on 1x the annual salary, with a minimum of $50,000 coverage. I want to be able to set it up so that the coverage is based on the employee's salary at the first of the month. Right now, if the employee gets an increase partway through the month, then the second payment for life insurance in that month is based on the new salary. I want it to be based on the salary at the start of the month for both of the payments in that month, regardless of salary increases during the month. The coverage variant does have a spot for "Salary basis for calculation of coverage amount" but this requires entry of both a day and a month, where I want to specify just the first day of any month. Is it possible to do this? And, if so, how and where do I configure it?
Thanks for any help anyone can provide.
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