Getting There
The Accumulation Rate is entered on the
Batch Post Accrued Benefits when you choose a Calculation Method of either "For every 40 hours worked" or "For every pay period".
Accumulation Formula
To determine how many hours and employee should accrue use one of these formulas:
For every 40 hours worked -
Example assumes 2 weeks of vacation per year.
For every pay period -
Example assumes 2 weeks of vacation and 26 pay periods per year.
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