You can add holidays to a calendar on the Calendar Periods tab of the Calendar view.
To add a holiday to a calendar, complete the following steps:
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Display the Calendar view of the calendar that you want to update.
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Select the Calendar Periods tab.
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On the Holidays group box, click the drop-down arrow in the
Date field to display a pop-up calendar and select a date.
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Select the
Repeat Yearly? option if you want mark the selected date as a holiday in the succeeding years.
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Click
Add to add the selected date as a holiday in the calendar.
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Select
Automatically recalculate productive hours? to recalculate the productive hours based on any changes to the holidays.
Cobra recalculates the productive hours when you click
on the Quick Access Toolbar or when you leave the Calendar Periods tab.