Explanation of fields – Accruals

 

Name

Description

Accrual Id

Assign the code a unique identifier. Enter a value into the field and press Tab.

Discontinued

This checkbox is used if an existing Accrual code is no longer used.

Description

Enter a logical name for the Accrual code. Enter a meaningful value for the code and press Tab.

Accrue Nothing For

Used if you do not want the employee to accrue this type of leave for a certain period of time. The "Accrue Nothing For" option is based on an employee’s start date, before applying the Initial Accrual amount.

Accrual Method

This pick list allows you to select the type of accrual method you would like this code to have. For example, if your policy is for annual leave provisions to be calculated yearly on each anniversary of the employee’s commencement date, then you would be able to instruct the system to complete this using these fields. Select the Anniversary value from the list and press Tab. The window will dynamically update upon your selection, the Anniversary pick list will allow you to select the accrual frequency. Select a value of Company Start Anniversary and press Tab.

Hours to Accrue

Enter the hours that the employee is entitled to accrue.

Standard Hours

Enter the standard hours of a working week.

Print on Payslip

This checkbox allows you to print the amount of hours they have in accrued leave.

Loading Required

This checkbox is used if there is a loading type associated with the Accrual code. An example of this would be overtime.

Accrue Liability to GL

This checkbox is used if you wish to record the associated dollar values to the General Ledger.

3.   Press the OK button and a list of Awards will be displayed. Select any Awards related to this accrual then click on OK

4.   This window allows you to select the Award wage types that will be related to the Accrual. Select an item from the list and press the OK button. A message will be displayed asking if you would like to apply this accrual to any Employees that have the Award. If you respond with “Y” then the accruals will be applied to each employee with that award. If you reply “N” this can be done at a later stage.

5.   The refreshed Accrual Code listing window will be displayed