Public Holiday Policy

General support regarding TimeTrex, such as
configuring policies/taxes or processing payroll.
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bowla
Posts: 5
Joined: Thu Aug 07, 2008 5:52 am

Public Holiday Policy

Post by bowla »

I have created a Reccuring Holiday (public holiday).

This is a working day so how can I create a policy that detects automatically it is a public holiday (on that specific day) and is added on to the timesheet (like overtime hours, premium policies)?

And rises the workers wage rate by 2?
shaunw
Posts: 7839
Joined: Tue Sep 19, 2006 2:22 pm

Post by shaunw »

Create a holiday policy and assign the recurring holiday that you just created (along with others if you like) to it.

See the holiday policy course at our Online University for more information:
http://www.timetrex.com/university.php?c=afj3

You can also setup a overtime policy (type: Holiday) that is applied only on holidays to increase employees wages.
bowla
Posts: 5
Joined: Thu Aug 07, 2008 5:52 am

Post by bowla »

still cannot print it out on my timesheet...

so I added a Recurring Holiday:

Name: Holiday
Special Day: N/A
Type: Static
Day of the Month: 4
Month: August

then a Accrual Policy:

Name: Holiday
Type: Standard
Display Balance on Pay Stub: checked

then a Absence Policy:

Name: Holiday
Type: Paid
Withdraw from Accrual Policy: Holiday
Pay Stub Account: Earning Public Holidays

and last a Holiday Policy:

Name: Holiday
Type: Average
Default Schedule Status: Working
Minimum Employed Days: 0
Employee Must Work at Least: 0 of the Last: Days 0
Days to Average Time over: 0 Worked Days Only: checked
Minimum Time: 0
Maximum Time: 0
Always Apply Over Time Policy: checked
Include Over Time in Average:
Include Paid Absence Time in Average: checked
Absence Policy: Holiday
Round Policy:
Recurring Holidays: Holiday

where am I gonig wrong??!!
shaunw
Posts: 7839
Joined: Tue Sep 19, 2006 2:22 pm

Post by shaunw »

Did you assign the holiday policy to a policy group that the employee is also assigned too?

Also, recurring holidays must be created at least 24hrs before the holiday actually occurs. Try clicking "Holidays" beside the holiday policy you created, and make sure your holiday is in that list. If its not, it won't actually appear on the timesheet.

Recurring holidays are automatically added to each holiday policy between 24hrs and 60days before they occur.
bowla
Posts: 5
Joined: Thu Aug 07, 2008 5:52 am

Post by bowla »

OK thanks alot I got it showing on my timesheet.

But how can I add a specific payment account for a holiday? Using an Overtime policy or maybe Premium?

I have added an overtime policy:

Name: holiday
Type: holiday
Active After: 0:00
Rate: 2
Pay Stub Account: earning - publiy holidays
Deposit to Accrual Policy: holiday
Accrual Rate: 2

Are the last two inputs necessary (Deposit to Accrual Policy and Accrual Rate)?

Thanks alot once more!!!
shaunw
Posts: 7839
Joined: Tue Sep 19, 2006 2:22 pm

Post by shaunw »

No, the deposit to accrual and accrual rate are not required, they are only their if you want to actually do that.

In an overtime policy usually the only reason you want to deposit the time to an accrual is if you are banking the time instead of paying it out.
bowla
Posts: 5
Joined: Thu Aug 07, 2008 5:52 am

Post by bowla »

It works!!!

Thanks a lot once more!
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