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This tab provides information (effective on the termination date) on earned and used vacation days for vacations listed in the employment contract.

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The "Employment Termination (create)" form. The Vacations tab

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The Basis for Calculation (Cur.) / Average Daily Earnings column is populated with the sum of accruals (earnings) used for calculating vacation days for this type of vacation and the amount of average daily earning.

The Vacation Pay (Cur.) column shows the total payment amount due on unused vacation days.

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Use the Cost Object column to link these expenses to specific Cost Object. This column is available if the Advanced Product Costing option is selected on the Administration > Settings > Production.

In the Transaction Content column, provide a brif brief description for the journal entries to be generated for this transaction.

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The Total Vacation Payout field shows the amount to be paid tto to the employee for unused vacation days.

The Total Amount from Accumulated Vacation Pay field shows the amount (provision) that was accumulated for this employee and will be used for vacation payout.

The Remaining Payout Amount field shows the difference to be paid in addition to the accumulated amount.

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