Accrual Schedule Setup

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 Absence Accrual Setup tab of the Time Analysis and Absence Accrual form (Settings > Advanced Accounting > Time Analysis). Schedules are also available for selection in the Absence Accruals grid on the Accounting tab of the Employees hub.

DPS 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 Absence Accruals grid on the Accounting tab in the Employees hub.

If your firm uses multiple companies, you must set up an accrual schedule for each company. To do this, click Utilities > Change Company 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.