Summary

The Employee Leave Credits | Details tab contains leave credit information for the employee.

Fields

Leave Credit:

The Leave Credit record that is used to accumulate values for the employee.

Start date:

Start date of the leave credit cycle (if the employee's Leave Credit Tables | Details tab has a Days in this LC cycle value).

End date:

End date of the leave credit cycle (if the employee's Leave Credit Tables | Details tab has a Days in this LC cycle value).

Balance:

PayGlobal calculates an employee's leave credit balance when you process a pay, or view/edit V-type allowances in Transaction View. PayGlobal checks the employee's allowance transactions.

• V-type allowance

  If the transaction is a V-type allowance and it is included in the Leave Credit Allowances associated with the employee's Employee Leave Credits, the employee's leave credit balance is decreased by the transaction Quantity value.

• Y-type and other allowances

  If the transaction is not a V-type allowance and it is included in the Leave Credit Allowances associated with the employee's Employee Leave Credits, PayGlobal checks the Leave Credit Allowances | Type field.

  • If the Leave Credit Allowances | Type = 'Quantity Based', then PayGlobal calculates the following:

    Transaction Quantity value * Leave credit allowance Factor value.

    PayGlobal increases the employee's leave credit balance by the resultant value.

  • If the Leave Credit Allowances | Type = 'Transaction Based', the employee's leave credit balance is increased by the leave credit allowance Factor value.
  • If the Leave Credit Allowances | Type = 'Calculated', this indicates that a client-specific option that uses a special nlx formula is being used.

Allowances:

The balance of all allowance quantities that have contributed towards this leave credit. PayGlobal calculates Allowances values when you process a pay and adds it to Proposed Changes. However, the employee's Allowances value is not actually updated until you close the pay.

If the allowance transaction is a leave credit allowance, the employee's Allowances value is increased by the transaction Quantity value.

Outstanding rate:

This rate is derived from:

• A rollover rule
  -or-
• The rule/rate in the employee's Leave Credit Table.

PayGlobal uses the employee's Outstanding rate when you add a Leave Credit transaction in Transaction View.

Liability:

The total monetary amount that the company will pay out to the employee for their leave credits. The following calculation is used to derive this value:

Balance * Outstanding rate

See also

Employees - Leave Credits

Employees - Leave

Allowances

Leave Credit Tables - Details