Announcements for Payroll and OTL can now be found in the Announcements - Payroll and OTL - EBS (MOSC) subcategory. Follow to be sure you don't miss a thing!
View accruals for prior yrs get recalculated when have updated global variable value used
We have an accrual plan for DC sick leave. The hours allowed is based on the employee count and number of hours worked. For example:
<25 employees get 1 hr for every 87 hours worked (limit of 24 hrs in CY).
>25 and <100 employees get 1 hr for every 43 hours worked (limit of 40 hours in CY)
>=100 employees get 1 hr for every 37 hours worked (limit of 56 hours per CY)
We use a global variable to enter/change the number employees.
That global variable is then read into the fast formula along with retrieving the accrual fast formula along with hours worked from element entries to calculate the actual sick leave earned.