DetailsBenefit Hours Accrual codes are part of the setup for paid-time off benefits based on accrued hours, such as PTO, paid vacation, paid sick time, and other time off plans.
A benefit hours accrual code defines how benefit hours accumulate and rules for processing and transferring those hours. For paid time-off benefits, the Hours Accrual Code selected on a Benefit code directs the hours accrual calculations and reset date (if any). Other related tables also must be setup for accurate accumulations.
The Benefit Hours Accrual table and processing accommodates user-selected dates for processing events and automatic available hours balance transfers, and includes a "Print On Check" indicator for benefit hours printing on payment forms.
Note: Since accruals are calculated as part of payroll processing, a Payroll Calendar must have the Process Hours Accruals checkbox selected for the accruals to calculate for that payroll.
One Hours Accrual code can be used to define a set of accrual levels based on months of service, or additional Hours Accrual codes may be added for different benefits.
Date calculations on the Hours Accrual code are based on selected Hours Accrual Dates. Even the months of service calculation is defined by selecting an Accrual Begin Date type.
Following applicable paid time-off policies, sick plan policies, and vacation policies, determine the accrual setup and define varying levels of accrual on the Hours Accrual Codes as needed. For field-by-field details, see the corresponding detail topic.