PTO front load balance at beginning of the year

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How does everyone enter beginning PTO balances when they are front loaded?  We currently enter everything in as a manual check at the beginning of the year.  I saw a knowledgebase article about setting up an annual pay id - do you then just run a payroll and accrue it all then?  Or do you go to the employee record and add it on the pay item line?

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  • 0

    Mary -

    I never suggest clients front load PTO time per year as a general rule.  When it is accrued per week, the fringe can be allocated per job worked to better reflect actual job cost.  There can also be considerations to take into account such as Carryover or Use it or Lose it policies.  It is possible to Front Load the paycheck stub so the employee sees what they expect, and still let the system accrue it weekly, but that is out of the scope of the knowledgebase article.

    I suggest working with a Consultant so you can get the best of both world and show the employee what they want, and still keep the integrity of your Job Costing.

    Cheers,

    John McLagan
    Independent Senior Consultant
    Johnny on the Spot

  • 0 in reply to John McLagan

    This is how our PTO policy is worded, so we have to do it.  We have some that have gone to accrual based on hours worked due to some law changes.

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