Accruals Overview
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An accrual policy defines how and when balances associated with accrual codes are credited and debited.
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An accrual policy defines how and when balances associated with accrual codes are credited and debited.
An accrual request limit, also known as a taking limit, is a specified maximum amount that an employee can take from an accrual balance within a timeframe.
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An accrual limit, also known as an earning limit, is a restriction on the amount of earned time or money an employee can accumulate during a specific timeframe or have stored at any time.
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A carryover limit is a defined value of an amount that can remain in an accrual balance after a specific time period.
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An accrual policy is a detailed collection of the organization’s benefit policies you want to track. An accrual profile is a group of accrual policies to be assigned to one or more employees.
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An accrual profile is a collection of accrual policies that determine an employee’s accrual balances. Accrual profiles let you assign one or more accrual policies to employees.
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An accrual type is a benefit, granted as time off or as a money amount, with a balance that must be tracked for individual employees according to your organizational policies.
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