﻿ FSA Claims Processing (Release notes 40A)

FSA Claims Processing


The money set aside in an employee's Flexible Spending Account (FSA) must also be accessible for costs that occur during the course of the year.

The FSA component now allows you to process the the claims employees make, on the money saved in FSAs. You can monitor the balance on the account and also allow a grace period during which employees are still allowed to submit claims for expenses incurred in the preceeding year.