Addition of Beneficiaries Information in the Benefits Statement
Description
This enhancement of the benefits confirmation statement includes the addition of beneficiaries-related fields.See More
Detailed Description
This information includes: Beneficiary: Beneficiary name Beneficiary Relationship: Relationship to the employee Beneficiary Percentage: Percentage of monetary contribution to the beneficiary This enhancement will be part of the benefits statement template that you download from SAP Software Download Center. For new customers, it will be part of the default template that they download. Certain benefits like insurance, pension, sand savings plan can have beneficiaries assigned by employees.
Impact Assessment
This feature may require configuration review, user communication, and regression testing of related processes in Global Benefits implementations. This information includes: Beneficiary: Beneficiary name Beneficiary Relationship: Relationship to the employee Beneficiary Percentage: Percentage of monetary contribution to the beneficiary This enhancement will be part of the benefits statement template that you download from SAP Software Download Center. For new customers, it will be part of the default template that they download. Implementation teams should verify that existing configurations remain valid and test core business scenarios after the upgrade to confirm correct behavior.