What is 'plan status' in SAP PA-BN - Benefits?

plan status - Overview

• Component: PA-BN

• Component Name: Benefits

• Description: A customer-defined setting that determines whether a plan is active or inactive, and whether or not employees can enroll in a plan.

plan status - Details

• 
  Key Concepts: 
  Plan status is a feature of the PA-BN Benefits component of SAP software. It is used to track the progress of a plan, such as a pension plan, and to determine whether it is active or inactive. The plan status can be changed manually or automatically based on certain criteria. 
  
  How to use it: 
  To use the plan status feature, first select the plan you wish to track. Then, enter the criteria for determining whether the plan is active or inactive. This could include a date range, a specific amount of money, or other criteria. Once the criteria have been entered, the plan status will be updated accordingly. 
  
  Tips & Tricks: 
  When setting up the criteria for determining the plan status, it is important to ensure that all relevant information is included. This will help ensure that the plan status is accurate and up-to-date. Additionally, it is important to regularly review and update the criteria as needed in order to keep the plan status up-to-date. 
  
  Related Information: 
  For more information about using the plan status feature in SAP PA-BN Benefits, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature.