This tab is available if the Provide Main Vacation option is selected on the Main tab.
The tab provides information on the accrued main vacation time (in days) and the start and end dates of actual vacation as requested by the employee.
The "Vacation (create)" form. The Main Vacation tab
The Vacation Type field is populated with the vacation type which was selected for the employee as the main vacation. If needed you can select other type of paid vacation granted to the employee in the Employment Contract or its changes.
The Accrual Type and Main Vacation Accrued EarningsType fields are populated from the master record of the vacation type that was selected in the Vacation Type field.
In the Days to Compensate field, you can specify the number of vacation days for which the employee wants to receive compensation.
In the Calculate for Date field, enter the reference date for calculating available days, average daily earnings.
The Days Available field shows the number of main vacation days available for the employee on the reference date.
Click the Calculate button to initiate calculation of the resulting amount to reimburse the employee for the requested number of vacation days.
Generally, the vacation days accrued for each month are calculated by the Month-End Closing process if the Calculate Vacation Days option is selected on the corresponding form (Accounting > Service Tools > Month-End Closing). At each month end, the accrued vacation days are increased by the value that is equal to the number of vacation days per the current year divided by 12.
Note. If the employee has unpaid unauthorized absences registered with the Other Absences document, the number of such absences will be deducted from the employee's length of service used for vacation calculation.
The amount in the Average Daily Earnings field is calculated based on the settings of the vacation type in the currency specified in the Main tab of this document.
The Leave Allowance field shows the reimbursement amount for the requested number of vacation days in the document currency.
The Expense GL Account shows the default account to be used for recording labor costs related to vacations.
In the Expense Item field, specify the expense item to mark the costs related to this employee vacations.
The Business Activity field shows the default business activity in which this employee generally participates.