.png){kind=logo}
Accrual
- 2 Minutes to read
- Print
- DarkLight
- PDF
Accrual
- 2 Minutes to read
- Print
- DarkLight
- PDF
Article summary
Did you find this summary helpful?
Thank you for your feedback
Overview
‘Accrual’ main navigation consists of a list of accrual records in the directory. It allows users to add and edit multiple 'Accrual' details. Users can add different accrual types like ‘Family and Medical Leave Act,' and ‘Paid Time Off' and can also add 'Carry Over Type' of accrual amount. Users can manage access to this 'Accrual' as required. Accrual added for an employee is used in the 'Payroll' process.
Users can enable or disable the ‘Active’ toggle button to view active or inactive accruals as required. Moreover, users can also search for the accruals from the search box or use the filter for the directory’s 'Accrual' records. By default, Active accruals are displayed.
.png)
Favorite Action
There are three actions in the favorite icon of the 'Accrual' directory. They are:
- Add
- Edit
- Refresh
.png)
Add
It allows users to set up the 'Accrual' with details including 'Accrual Name,' 'Accrual Type,' 'Accrual Tier Type,' 'Accrual Date,' 'Accrual Rate,' 'Carry Over Type,' 'Available Unit,' 'Available Unit Type,' status for the accrual, and other details. Users can also manage access to this Accrual.
There are four steps to add an Accrual. They are:
- Accrual Info
- Accrual Tier
- Accrual Transaction code
- Access
1. Accrual Info
In this step, users will enter deduction details such as 'Accrual Name,' 'Accrual Type,' 'Accrual Tier Type,' 'Accrual Date,' 'Accrual Rate,' 'Carry Over Type,' 'Available Unit,' 'Available Unit Type,' auto-Update options, and other details.
| Field name | Description |
|---|---|
Accrual plan | Name for the accrual plan |
Accrual Type | Choose the type from the dropdown. For example, family or medical leave or PTO |
Accrual Tier Type | Choose the tier type from the dropdown |
Accrual Date | Choose the beginning date for the accrual, for example, anniversary, starting of the month |
Accrual Rate | Choose the base of the rate for calculating accrual, for example, hour, month |
Available Unit | The available unit of accrual |
Available Unit Type | It may be days, hours, etc. |
Carry Over Type | The carry-over base for the accrual. It may be year-based or tier-based in the case of multiple tiers. |
Is auto-update tier | Choose if you want to auto-update the tier or not?
|
.png)
2. Accrual Tier
In this step, users will add 'Accrual Tier Id,' 'Accrual Start' and 'Accrual End' amount, 'Accrual Rate,' 'Carry Over' amount, 'Pay Period Limit,' 'Monthly Limit,' 'Yearly Limit,' 'Maximum Balance,' and 'Start Date.' Users can add multiple tiers as required.
.png)
3. Accrual Transaction Code
In this step, users need to select the pay codes for accrual.
.png)
3. Access
In this step, users can control access to the 'Accrual.' Only companies and offices having access to the accrual will be able to add the 'Accrual' for employees under the related company and office.
.png)
Edit
It allows users to edit the 'Accrual' details as required.
Refresh
It allows users to refresh the 'Accrual' details in case any changes are not reflected.
The 'Accrual' added from ATM, under the related company and state, will be displayed as an option while adding an 'Accrual' for an employee in the 'Employee Information System' (EIS) application under the 'Payroll' top navigation.
.png)
There are two actions under the vertical ellipsis button of the 'Accrual' directory. They are:
- Access
- Inactive
.png)
1. Access
It allows users to manage the access of the 'Accrual' similar to when adding or editing an 'Accrual.'
2. Inactive
Users can disable the 'Accrual' and change its status to ‘Inactive’ from this action. When the user disables an 'Accrual,' it will not be displayed as an option while adding 'Accrual' for employees in 'Employee Information System' (EIS) under 'Payroll' top navigation.
The accrual setup is used in the payroll process.
.png)
.png)