Summary

The Setup tab defines how leave credits are accrued and paid out.

Fields

Days in this LC cycle:

If the leave credit balance will continue to accrue and will never expire, then leave this field blank. If the leave credit is valid for only a certain number of days, then enter that value in this field. When that value expires, PayGlobal will transfer the balance to the leave credit in the LC Code to move excess to (optional) field.

Align to company anniversary:

This Yes/No field determines whether PayGlobal aligns this Leave Credit with the company anniversary.

Round to nearest:

PayGlobal uses this setting to round the leave credit units when the table rolls over. The following examples show the effects of some common settings:

• Blank - Do not round.
• 0.5 - Round to the nearest half unit.
• 1 - Round to the nearest whole unit.

Cycle Increment:

After using the Rounding to nearest setting on rollover, PayGlobal adds the Cycle Increment value to the employee's leave credit.

Maximum accumulated units:

The maximum number of leave credit units that an employee can accumulate in a cycle.

Anniversary day and Anniversary month:

Enabled when Align to company anniversary = "Yes". You can add an alternative anniversary day and month that will override the date specified in Company Settings - Misc.

LC code to reduce next (optional):

If the Details | Leave Credit does not contain enough leave credits for a transaction, then PayGlobal will transfer leave credits from the leave credit code specified in this field.

Important: The LC code to reduce next value cannot be the same as the Details | Leave Credit value.

Roll over order (optional):

You can specify the order that PayGlobal rolls over leave credits to prevent them rolling into each other.

Roll over rate rule:

You can control the leave credit rate that PayGlobal applies on roll over. The option that you select applies to the 'new' leave credit table only.

• New Rate
  On roll over, all leave credit units use the new rate.
• Old Rate
  On roll over, all leave credit units use the original rate.
• Average Rate
  On roll over, all leave credit units use the average of the original and new rates.

LC code to move excess to (optional):

If the employee accumulates more than the maximum number of leave credit units, then PayGlobal will add their excess units to the leave credit code specified in this field. If this field does not contain a leave credit code, then the employee loses their excess units.

See also

Leave Credit Tables

Leave Credits