Vacation Accruals

The Vacation Accrual page is where you can define the vacation time accrual for each employee type (if any). Tools->Options->Vacation Accrual.

Setting Description

Employment Type Select the employment type you want to change the vacation accrual settings for.

Accrues Vacation Time Check this box if the selected employment type accrues vacation time.

Start Accruing Hire Date Plus The number of weeks/month after hire date that the employment type starts accruing vacation time.

Start With Enter the number of hours you want this employment type to start with (usually zero) when accrual starts.

Accrue Enter the number of hours you want to accrue per time unit (see next setting). For example, an employee entitled to 20 hours of annual vacation would accrue 1.6667 hours per month or 0.3846 hours per week.

For Every Enter the time unit you want to accrue vacation time for. Time Clock MTS uses whole time units to calculate accruals, so if the time unit is a month then an entire month will need to elapse before an accrual occurs.

Stop Accruing Check this box to set an upper accrual limit for vacation time and then enter the value into the text box.

Carry Balance Forward Yearly If this box is checked then vacation time accrual will carry forward each year. If it is not checked then the vacation time accrual will be reset at the start of the fiscal (or hire date) year.

Apply Starting Balance Annually If this box is checked then the accrual "Starts With" balance will be applied at the start of each year (fiscal or hire date anniversary depending on Use Hire Date setting). Note that this setting will only take effect if the Carry Balance Forward Yearly setting is NOT set.

Use Hire Date, Not Fiscal Year If this option is checked then the anniversary of employee hire date is used as a basis for vacation accrual calculations rather than the fiscal year.

Setting	Description
Employment Type	Select the employment type you want to change the vacation accrual settings for.
Accrues Vacation Time	Check this box if the selected employment type accrues vacation time.
Start Accruing Hire Date Plus	The number of weeks/month after hire date that the employment type starts accruing vacation time.
Start With	Enter the number of hours you want this employment type to start with (usually zero) when accrual starts.
Accrue	Enter the number of hours you want to accrue per time unit (see next setting). For example, an employee entitled to 20 hours of annual vacation would accrue 1.6667 hours per month or 0.3846 hours per week.
For Every	Enter the time unit you want to accrue vacation time for. Time Clock MTS uses whole time units to calculate accruals, so if the time unit is a month then an entire month will need to elapse before an accrual occurs.
Stop Accruing	Check this box to set an upper accrual limit for vacation time and then enter the value into the text box.
Carry Balance Forward Yearly	If this box is checked then vacation time accrual will carry forward each year. If it is not checked then the vacation time accrual will be reset at the start of the fiscal (or hire date) year.
Apply Starting Balance Annually	If this box is checked then the accrual "Starts With" balance will be applied at the start of each year (fiscal or hire date anniversary depending on Use Hire Date setting). Note that this setting will only take effect if the Carry Balance Forward Yearly setting is NOT set.
Use Hire Date, Not Fiscal Year	If this option is checked then the anniversary of employee hire date is used as a basis for vacation accrual calculations rather than the fiscal year.

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