Accrual Schedule Setup Overview
Use an accrual schedule to specify the number of hours that an employee earns, based on months and years of service, for vacation and sick time.
For example, you can set up an accrual schedule for earned vacation hours. You enter the accrual hours earned per year for different time ranges on different lines of the accrual schedule. For example, employees may earn more hours of vacation the second year than the first year.
You can set up as many accrual schedules as you need.
After you create a schedule, it is available for selection on the Benefit Accrual Setup tab of the Time Analysis and Benefit Accruals form (). Schedules are also available for selection in the Benefit Accruals grid on the Accounting tab of the Employee Info Center.
Vision calculates the number of accrual hours for an employee based on an accrual schedule and the employee's hire date only if the Use Schedule check box is selected for an accrual schedule that is entered for the employee in the Benefit Accruals grid on the Accounting tab in the Employee Info Center.
If you use the Multicompany feature, you must set up an accrual schedule for each company. To do this, click and select the next company for which you want to set up benefit accruals. The name of the active company displays at the top of the form. You can use the same accrual schedule ID for different companies in your enterprise.