Premium not found in Premium table
We are trying to add a health insurance deduction to an employee. The Deduction and Premium Tables have been built, but the error Premium not found in Premium table is displayed and we cannot continue.
Munis
Payroll
Deduction and Benefit Master
Insurance Premiums
There were no cycles selected on the Cycles tab of the Deduction and Benefit Master program. Munis uses the number of cycles to calculate the Rate per Cycle value that is displayed on the employee's record. Without it, the system cannot calculate and the error message is displayed.
Navigate to Deduction and Benefit Master (Payroll>Payroll Setup>Deduction and Benefit Master)
Search for the deduction code
Click Update
Click the Cycles tab
Select the correct Cycles(s) (from the Weekly, Bi-weekly, or Semi-Monthly option)
Click Accept
Another possibility is that the deduction is being added prior to the effective date on the premium table.