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Lates Policy

Posted: Fri May 29, 2015 12:30 am
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

Re: Lates Policy

Posted: Fri May 29, 2015 8:05 am
by shaunw
Please see the Administrator Guide sections on Accrual Policies and Accrual Accounts.
http://help.timetrex.com/index.php?titl ... l_Policies

Re: Lates Policy

Posted: Sat May 30, 2015 3:58 am
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

Re: Lates Policy

Posted: Sat May 30, 2015 4:04 pm
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.

Re: Lates Policy

Posted: Sat May 30, 2015 9:22 pm
by wiki
Informative! Thank you Very much shaunw!