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Employment Type Vacation Accruals

The Online Time Clock MTS Employment Type Vacation Accruals Screen
The Employment Type Vacation Accruals Screen - Click to Enlarge

The employment type vacation accruals screen allows you to configure vacation accruals for the selected employment type.

SettingDescription
Accrues Vacation TimeCheck this box to allow employees with this employment type to accrue vacation time. Note that the Accrues Vacation Time setting on the Employee Payroll Information screen must also be checked for the employee to accrue vacation time.
Start Accruing Hire Date PlusSet a delay after which employees can start accruing vacation time. For example, if new employees do not start accruing until 3 months of employment has elapsed set this to 3 months.
Start WithSet a starting balance (in hours) for the vacation accrual here. You would set this if your employees are credited with vacation time in advance of time worked.
AccrueSet the accrual increment (in hours) at which time is accrued per time unit (set in the For Every field). For example, if your employees accrue 40 hours of vacation time per year you could set this setting to 3.333 hours and the For Every field to 1 Month.
For EverySet the accrual time unit here. The amount accrued per time unit is set in the Accrue field. For example, if your employees accrue 40 hours of vacation time per year you could set this setting to 1 Month hours and the Accrue field to 3.333 Hours.
Note: If you set your For Every units to hours then vacation is accrued for actual hours worked. If you set your For Every units to weeks or months then vacation is accrued for calendar time elapsed since the accrual start date regardless of actual hours worked.
Stop AccruingCheck this box and set an accrual limit (in hours) if you want an upper limit on the amount of accrued vacation.
Carry Balance Forward YearlyCheck this box if you want vacation accrual balances to be carried forward yearly. If this box is not checked then accrual balances will reset at the start of the financial year (or the anniversary of the employee hire date if the Use Hire Date not Fiscal Year checkbox is checked).
Use Hire Date not Fiscal YearCheck this box if you want the employee hire date anniversary to be used instead of the fiscal year as the roll over date for vacation accrual balances. This setting is ignored if the Carry Balance Forward Yearly is not set, in this case the Hire Date is used as a starting point for vacation accruals.

This page last modified : 10:21:53 24 Dec 2010