How can I assign a prorated Balance to Users?
Upon hiring new employees, depending on how far your company is into its time-off calendar year, you might want to add a prorated balance to each new employees instead of assigning them a full balance.
Keep in mind to add a prorated balance to a policy it needs to be created first.
Also, the prorated balance option is usually used when the policies do not accrue
the time throughout the year.
Here's how to create a Prorated Balance:
- Time-Off Module
- Prorated Balance
- Add New
- If your calendar/fiscal year runs from January to December, and want to set the percentages uniformly, simply click on the corresponding link
- If not the percentage can be modified manually.
- Save Settings
Please note: Prorated balances are calculated using the user's Hired Date. Make sure to input all users Hired Date under the Staff module.
Prorated Balance is a feature that can be used in conjunction with the time-off policies and length of service accruals allowance change.