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Leave Accruals

 

 

 

Leave Accruals

 

This feature displays the hours and cost of employee accrued leave.  eFAACT calculates each employee's accrued leave at the end of each pay period. 

 

The top grid is the current leave summary and used to accrual settings such as carryover, accrual period and accrual value. 

 

The bottom detail grid displays hours and costs by pay period and for exception cases are available to be overridden.  To manually adjust an employee's fringe accrual select the date range you would like to review and the employee accrual information will display for you to click pencil icon to adjust using the override columns.  

 

The purpose for eFAACT accruals is for timecard display (if turned on) and indirect rate calculations.  Therefore overrides will impact indirect rates. 

 

Max Available-monitors leave balances continuously so that user does not accrue more than their max value.

 

If eFAACT Company Setting "Display leave accruals on TimeCard" is checked eFC users will see their available hours on their time entry form.  The following are options for controlling the Leave amounts displayed on a TimeCard.

 

Option A: Amounts taken directly from QuickBooks vacation and sick employee payroll information in QB.  This option requires the eFAACT Company Setting- "Display Intuit leave information on TimeCard" to also be checked.

 

Option B: Amounts calculated at end of each pay period based on accrual settings.

 

 


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