Standard Accrual Policy

General support regarding TimeTrex, such as
configuring policies/taxes or processing payroll.
Locked
Adrian
Posts: 6
Joined: Wed Aug 27, 2008 9:52 am

Standard Accrual Policy

Post by Adrian »

Hi,

I want to set up a policy that awards staff 1.66 days per calendar month.

There are no milestones needed for this policy, but if I choose, 'Standard' it gives me no option to input the formula I need. I don't think it intiutively knows to accrue 1.66 a month, so how do I align the Standard option with my company policy?

Thanks in advance for your help

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

Post by shaunw »

You need to use a Calendar Based accrual policy with a single milestone that is active after 1 day of service. The milestones are what determine the accrual rate, so you need at least one milestone.
Adrian
Posts: 6
Joined: Wed Aug 27, 2008 9:52 am

Post by Adrian »

Thanks Shaun
Locked