Accruals Overview
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Description
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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.
Organizations have users with distinct roles or profiles performing different tasks. Roles or profiles identify and control which tasks users can access.
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Exceptions are flags in timecards, reports, and other views, which identify when shifts deviate from normal work patterns. Organizations can use exceptions to identify employees who arrive early or late, forget to punch out, and so on.
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Pay codes, also known as earning codes, identify categories in which employees can record their worked and non-worked time.
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Businesses have found that permissive time off policies ultimately benefit the organization through decreased absenteeism, increased job satisfaction, and reduced stress.
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Tracking attendance behaviors helps ensure that all employees are fulfilling their obligations while minimizing the negative impacts that excessive absenteeism can have on company morale and performance.
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Attendance policies are documented rules that are enforced to track employee attendance and decide disciplinary or reward consequences. The main components of an attendance policy are attendance events and actions.
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