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.

RuleDescriptionLogicAssoc.Go to
01Prior Year Only less TakenDoes 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.
A050AC-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.