MDGP 2013 Feature of the Day: US HR Year End Age – Life Insurance

Microsoft Dynamics GPMicrosoft are posting the Microsoft Dynamics GP 2013 Feature of the Day series on the Inside Microsoft Dynamics GP Blog.

The fifty third feature they’ve announced is US HR Year End Age – Life Insurance.

Microsoft Dynamics GP 2013 now supports an “End of Year” method for calculating life insurance premiums determined by age based tables.

End of year will set the record age to the age which the employee will be at the end of the current calendar year. This age will be used to determine premium amounts.

Life Insurance Setup

This new feature is targeted at the following roles:

  • HR Assistant
  • Compensation and Benefits
  • HR Generalist

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