TA30.1 - Accrual Amount Formula Use TA30.1 (Accrual Amount Formula) to define calculations that determine accrued hours based on flat hours or calculation formulas. Both types calculate accrued hours according to the number of hours an employee works in each accrual cycle. Both types use one or more pay classes to determine the number of hours worked by an employee. The first type gives employees a flat amount of hours for a range of hours worked. For example, in a plan that accrues weekly, employees who work up to 40 hours earn .75 hours. Employees who work more than 40 hours during the week earn .80 hours for that week. To set this up, type the following values in the From, To, and Accrual fields. Flat Hours Calculation FC Line From To Accrual -or- Pay Class Hours Factor 1 40 .75 40 99999 .80 The second type accrues hours based on calculations that use a ratio of the hours worked in a pay class to the number of hours in an accrual cycle multiplied by the defined factor. For example, in a plan that accrues weekly, employees who work up to 40 hours earn a factor of .75 multiplied by the ratio of hours they worked. Employees who work more than 40 hours during the week, earn .80 multiplied by the ratio of hours they work. To set up this calculation, you would type the following values in the From, To, Pay Class, Hours and Factor fields. Flat Hours Calculation FC Line From To Accrual -or- Pay Class Hours Factor 1 40 REG 40 .7500 40 99999 REG 40 .8000 An employee who worked 40 hours in the pay class would earn (40/40) * .75 = .75 hour. An employee who worked 50 hours would earn (50/40) * .80 = 1 hour. In both types, if you select more than one pay class, the system adds the results to determine the accrual hours for the employee. You can define up to 24 formulas for each calculation. Updated Files TAFORMULA - The Time Accrual Formula file is the primary file maintained by this program. Referenced Files PAYCLASS - The Pay Class file is used to validate pay classes and group pay for formulas. PRSYSTEM - The HR Company and Process Levels file is used to validate the company. TA30.2 - Accrual Ratio Formula Use TA30.2 (Accrual Ratio Formula) to define calculations that accrue time by multiplying an amount per hour by the hours worked in a pay class. If you select several pay classes, the system totals each calculation to determine accrual hours for an employee. For a detailed explanation of accrual formulas, see the System Logic section in the Time Accrual Procedures Manual. Updated Files TAFORMULA - The Time Accrual Formula file is the primary file used in this program. Referenced Files PAYCLASS - The Pay Class file is used to validate pay classes and to group pay for calculation of hours. PRSYSTEM - The HR Company and Process Levels file is used to validate the company. |