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Overview
The purpose of Benefit Accrual is to manage time-off benefits that accrue over time based on a pre-determined accrual schedule. This applet works in conjunction with the Time Sheets applet to keep track of time earned and used in various Benefit Projects. Some examples of Benefit Projects include Vacation, Sick, Paid Time Off (PTO) and Comp/Banked Time.
Key Concepts
| • | InFocus can keep track of multiple accruals that work with a single Benefit project as well as handle multiple accruals for multiple Benefit Projects. |
| • | Once the initial set-up is completed, the accruals can be run on a regular basis and InFocus will generate a Benefit balance that employees can readily access through the Time Sheets applet. |
Additional Toolbar Options
Aside from the standard toolbar options this applet has the following options:
| • | File - Additional File Options |
| o | Save - Saves the current Benefit Accrual |
| o | Delete - Deletes the current Benefit Accrual |
| • | Tools - Additional Tools Options |
| • | Save - Saves the current Benefit Accrual |
| • | Delete - Deletes the current Benefit Accrual |
| • | Run Accruals - When selected, you are able to run Accruals for a single or multiple Benefit Projects "As of" a specified Date. |
| • | Print - Runs and prints the the Benefit Accrual Status report for the loaded Benefit Project including the Accrual settings plus the Accrued YTD, Hours Taken and Balance per Member. The Benefit Accrual Status report is also accessible from the Utilities>Custom Reports applet. |
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