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dgoss
Mar 29, 2021 3:12 PM UTC
Question

QB Desktop: Setting up vacation accrual

Morning,

I'm trying to understand based on existing employee's how to set up a new employee's vacation time.  Looks like we have it set up with other employees to accrue "EVERY HOUR ON PAY CHECK".  I see 0:01:16, how does that calculate to 40 hours vacation time per year?  

10 replies

BigRedConsulting
BigRedConsulting
Mar 29, 2021 4:04 PM UTC

If your goal is to always reach 40 hours per year, then calculating by hour worked isn't the best choice.

 

However, if you want to reach 40 hours assuming the employee works exactly 40 hours per week, then for the hourly accrual, divide 40 by 2080 hours (40 hours/week * 52 weeks).

dgossAuthor
Mar 29, 2021 4:15 PM UTC

Thank you, Can you help me understand why it's set up the way it is currently:

 

EVERY HOUR ON PAYCHECK 

Hours accrued per hour paid: 0:01:16

 

 

BigRedConsulting
BigRedConsulting
Mar 29, 2021 10:37 PM UTC

@dgoss 

RE: Thank you, Can you help me understand why it's set up the way it is currently:

 

No one here can do that.  If you don't know why, we certainly can't tell.

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