Absence accrual balances are not transferred to the new plan

Summary:

Absence accrual balances are not transferred to the new plan

Content (please ensure you mask any confidential information):

We have a new accrual plan defined for a certain set of employees and as per the requirement the absence balance from the source plan should transfer to the new plan.

I have created the Absence Plan Category common lookup and used it in my plan configuration for both old and new plans. Also updated the Balance Disposition rule to 'Transfer Positive Balance' on 'Loss of plan eligibility'. When I run the 'Update Accrual Plan Enrollments' process old plan is de-enrolled but new plan is not enrolled(though eligibility is returned as 'Y'). I am attaching the screenshots of configuration for reference.