Lates Policy

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wiki
Posts: 25
Joined: Wed Apr 29, 2015 8:29 pm

Lates Policy

Post by wiki »

Hi Community Team!

We are in the process of testing Timetrex to fit in our needs.

We have a different situation in handling lates or undertime, wherein it will be banked for months and deducted every end of the school year. Like in our case, it will be deducted every March Payroll yearly.

Any ideas on how to do this?

Thanks,

WK
shaunw
Posts: 7839
Joined: Tue Sep 19, 2006 2:22 pm

Re: Lates Policy

Post by shaunw »

Please see the Administrator Guide sections on Accrual Policies and Accrual Accounts.
http://help.timetrex.com/index.php?titl ... l_Policies
wiki
Posts: 25
Joined: Wed Apr 29, 2015 8:29 pm

Re: Lates Policy

Post by wiki »

Wow! that was quick!

Thanks shaunw!

But just a followup question. How can I bank lates into accrual account and later on deduct it at a specific payperiod. Can you give at least summary steps that I can follow? Thanks much.


WK
shaunw
Posts: 7839
Joined: Tue Sep 19, 2006 2:22 pm

Re: Lates Policy

Post by shaunw »

Policy -> Schedule Policy defines a "Undertime Absence" policy, which itself defines a Pay Code, which that defines a Pay Formula Policy, and Pay Formula Policies link to Accrual Accounts.

So when an employee works less than their are scheduled it will trigger a Absence entry to be entered for the number of hours they were short, which can then be deposited to an Accrual Account by way of the Pay Formula Policy.
wiki
Posts: 25
Joined: Wed Apr 29, 2015 8:29 pm

Re: Lates Policy

Post by wiki »

Informative! Thank you Very much shaunw!
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