Using the Income Average Calculator

The Average Calculator is a feature built into the Income Amount Detail page. The Average Calculator allows the user to capture multiple pay dates and amount values for a single income record. The Average Calculator has a Calculate and Use button to calculate the prospectively budgeted income amount and to populate the amount in the Reported Amount field.

 

The Average Calculator is also used to capture any actual amounts of income received in prior medical months for the Working Healthy and Long Term Care programs. In order for EDBC rules to view and calculate an actual income amount for these programs, the actual income from the prior medical months must be recorded in the Average Calculator. EDBC will count $0.00 income for a prior medical month for these programs if there is no information in the Average Calculator.

 

The Begin and End Dates of the Income Amount Detail page determine if rules should calculate an actual or an average. If a Begin or End Date does not span the month (i.e. is the first day and/or last day of a month) the rules count actual income from the amounts in the Average Calculator.

 

The Count in Average drop-down menu on the Average Calculator is used to determine if the amount entered should be used when the calculator determines the average prospective income. This field defaults to Yes.  Change the value to No if it is unrepresentative income.

 

The Divisor drop-down menu instructions are included with specific instructions below for: