Naming convention for Absence Management Calendar Group IDs

How does your organization support the naming convention of its Absence Management Calendar Group IDs? Does your organization have different calendar group IDs named differently for your weekly, bi-weekly, semi-monthly or monthly processing? If you have heard from those with previous implementation experiences or a PeopleSoft best business practice or Oracle recommendation, is there a standard PeopleSoft naming convention model for Calendar Group IDs in Absence Management?

For example: Our organization is using a monthly and semi-monthly pay calendar while using a naming convention for Absence Management Calendar Group IDs labeled as 'Business Unit Name' 2017 SMN17, 'Business Unit Name' 2017 SMN18, 'Business Unit Name' 2017 SMN19... and so on.