Accrual Plans
Overview
The “Accrual Plans” is where accrual plans can be created and accessed at the office and personnel level. Accrual Plans can be specified for temporary and internal personnel.
Detail
The fields functions are detailed below:
Eligibility Delay – This allows the person to accrue hours, but not use until X days
Rollover – Determines if the rollover occurs on the Calendar year or personnel Anniversary year
Year Start & End – The software tracks and uses the correct Accrual Tier based on the personnel hire date tracking years of service
Accrual Rate – The amount per hour accrued in decimal form, so at .1 10 hours of time worked is equivalent to 1 hour of vacation/sick time.
Max Accrue - How many hours can be accrued within the time frame selected in the drop down.
Stop Amt – How many hours able to be housed between accrual and rollover
The personnel can never house more hours than the amount of hours entered in this field
Usage Max – How many hours can be used within the date time frame selected in the second drop down.
Carvin Software LLC