If you do not use the
Vantagepoint Payroll application, or you want to accrue absence hours on a different schedule from your payroll schedule, you can determine a separate frequency for absence accruals. Initiate the accrual manually on the Absence Hours Accruals Processing form.
Prerequisites: Before you initiate the absence accrual process, your system administrator must establish the frequency of absence accruals by selecting the frequency (Monthly, Semi-monthly, Biweekly, or Weekly) in the
Accrual Frequency field on the Absence Accrual form of
.
To accrue absence hours manually:
-
On the Navigation menu, select
.
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On the Absence Hours Accruals Processing form, change the accrual date, if necessary.
Vantagepoint calculates the accruals based on the settings on the Absence Accrual form of
.
For accrual codes based on frequency, the number of hours accrued for an
employee is calculated by referring to the
Accrual Frequency field. This configuration field indicates how often you plan to accrue absence hours: Monthly, Semi-monthly, Biweekly, Weekly.
Vantagepoint divides the annual number of absence hours by the number of times that you plan to accrue absence hours over the course of the year.
For accrual codes based on hours worked, the number of absence hours accrued for an
employee is calculated by multiplying the
Hours Earned per Hour Worked times the number of timesheet hours in the selected timesheet postings. If, for example, an
employee earns .0333 hours per hour worked and has a total of 40 hours in the selected labor posting, the
employee will earn 1.33 hours in the specific accrual process.
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If the accruals are also based on hours worked, select the accrual method to include via the
Methods to Include option.
Option | Description |
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Include All |
All accrual codes associated with all
employees. |
---|
Frequency/Schedule |
All
employees with accrual codes with a method based on either frequency or a schedule that is not set to calculate based on hours worked.
|
---|
Hours Worked/Hours Worked Schedule |
All
employees with accrual codes with a method based on either hours worked or on a schedule that is set to calculate based on hours worked.
|
---|
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Click
Run.