A700 Current Year Time Owing#
This component calculates the time owing at the current evaluation.
Choose the rule that is used as the ‘Current Year Time Owing rule.
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01 | Prior Year Only less Taken | Does not allow employee to take Time from the current year’s entitlement. The ONLY Time available to employees is calculated as: Prior Year Entitlement (A050+A900) – Time taken (A300) If the employee is not allowed to take owed entitlement from the Leave Policy at all (either current or prior year amounts), choose Rule 01 and use year-end processing to stop prior year from being carried over. | A050 A900 A300 | A710 |
| 02* | Prior Year Plus Current Year less Taken | Allows employees to take the time calculated as: Time From Prior Year Amounts Carried Forward (A050+A900) (if any has been allowed) + Current Year Entitlement (A330) - Time Taken (A300). If only the current year entitlement is allowed, choose Rule 02 and use year-end processing to stop prior year from being carried over. | A050 A900 A300 A330 | A710 |
This component may be used to show, on the employee stub, the current time owing balance of the leave bank. If desired, specify a pay component, and ensure that the AC Action includes logging to the leave lines.
