Assign employees to an additional accumulator plan

An additional accumulator is commonly used to report a previous year’s outstanding vacation pay, separate from the current year’s accrual. It can also be used for other purposes.

When your payroll is set up with additional plans, you can assign a specific plan and rate to an employee.

Prerequisites

Your accumulator plan types and descriptions are set up by your Customer Support Team.

Tasks

Assign an accumulator plan and rate to an employee

1. Navigate to the Employee Profile page. From the Payroll menu, select Hire/Profile > Employee Profile.Compensation tab. From the People menu, select People List > Compensation.
2. Select the employee from the Employee List.
3. Go to the Accumulator section.

4. Select the plan type from the Plan list.

5. Enter the rate of accrual for this employee in the Rate field.

   For plans that accrue in percentage, enter the percentage as a whole number along with two decimal places (for example, 4 percent would be entered as 4.00 in this field.) Do not enter the percent sign (%).

   For plans accrue in hours per pay, enter the number of hours the employee should accrue per pay. Enter the hours as a whole number along with two decimal places (for example, 7.5 hours would be entered as 7.50 in this field.)

6. Click Save.

7. For customers using the Time Off Request module, and setting up accumulators for the first time, also complete the instructions for validating and enabling your standard entitlements. See Time off request account set up.