What is 'date cost incurred' in SAP PA-BN - Benefits?

date cost incurred - Overview

• Component: PA-BN

• Component Name: Benefits

• Description: The date on which a cost is incurred, for which an employee claims reimbursement from a flexible spending account.

date cost incurred - Details

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  Key Concepts: 
  Date cost incurred is a term used in the SAP PA-BN Benefits component. It refers to the date on which a cost is incurred for a benefit, such as a medical or dental plan. This date is used to determine when the cost should be charged to the employee or employer. 
  
  How to use it: 
  In SAP PA-BN Benefits, date cost incurred is used to track the costs associated with benefits. This information can be used to calculate the total cost of benefits for an employee or employer. It can also be used to determine when the costs should be charged and when they should be paid. 
  
  Tips & Tricks: 
  When entering date cost incurred in SAP PA-BN Benefits, it is important to ensure that the date is accurate and up-to-date. This will help ensure that the costs are accurately tracked and charged in a timely manner. 
  
  Related Information: 
  Date cost incurred is related to other terms such as benefit start date, benefit end date, and benefit period. These terms are all used to track and manage the costs associated with benefits in SAP PA-BN Benefits.