Accrual Schedule Example

If you are new to Vision, you may find it helpful to review an example of accrual schedule setup.

In this example, employees earn 5 vacation days in their first year, 10 days in their second through fifth years, and 15 days for the remainder of their employment.

Your accrual schedule is set up as follows:

Line

Start Month

End Month

Hours Per Year

Line 1 0 11 40
Line 2 12 59 80
Line 3 60 9999 120

The first line represents the first year, so the Start Month/End Month is 0 to 12. The 5 days of vacation equal 40 hours per year.

The second line represents the second through fifth years, so the Start Month/End Month is 13 to 60. The 10 days of vacation equal 80 hours per year.

The third line represents the years after the fifth year, so the Start Month/End Month is 61 to 9999. The 15 days of vacation equal 120 hours per year.

To determine which line the employee falls into, Vision calculates the number of months between the employee's hire date (Hire Date field on the General tab of Employee Info Center) and today's date.

For example, if an employee's hire date January 3, 2012 and today is June 8, 2012, the employee has worked for the company for five months and therefore falls into the Line 1 category. Or, if an employee's hire date is January 3, 2007 and today is June 8, 2012, the employee has worked for the company for 65 months and therefore falls into the Line 3 category.