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Before you fill out this tab make sure that all the vacation types applicable to this employment contract are defined on the HR and Payroll > See Also > Vacation Types form. For details, see Adding a Vacation type.
The "Employment Contract (create)" form. The Vacations tab
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In the Vacation Type column, select the type of vacation applicable to the employment contract.
Specify the duration of vacation in a year (in days) in the Days per Year column.
In the Accumulate Vacation Pay column, select a check box for the vacation for which the amounts corresponding to monthly earned vacation days will be accumulated (accrued) in the selected account.
In the Currency column, you can specify the currency of accumulation.
The Vacation Duration column is populated from the master record of the selected vacation type. It shows either the fixed number of vacation days per year or intervals of employment length with corresponding vacation durations.
In the Main Vacation column, notice a check box that can be selected only for one of the vacation types. There can be only one main vacation type for the employee and, optionally, multiple other vacation types.
The Expense GL Account column is populated with the default expense GL account to be used for recording monthly labor expenses. If needed, you can replace the default account with another one (for instance, to be used specifically for costs of paid vacations) from the same COA section.
In the Business Activity column, you can specify the business activity associated with the expenses on the paid vacation.
The GL Accounts column shows In the Expense Item column select the expense item associated with the vacation costs.
In the Accumulate Vacation Pay column, select a check box for the vacation type if the vacation pay amounts corresponding to monthly earned vacation days will be accumulated (accrued) in a special liability GL account, while at the same time, these amounts will be monthly written off to expenses.
In the Currency column, select the currency of vacation pay; if vacation pay will be accumulated, this is the currency of accumulation.
Click in the GL Accounts column to open the GL Accounts dialog box, using which you can view the GL account to be used for accumulation of vacation pay - by default, it is the Accumulated Vacation Pay GL account.In the Main Vacation column, notice a check box that is selected only for one of the vacation types. There can be only one main vacation type and, optionally, multiple other vacation types
The GL Account dialog box
If needed, you can replace this account with another one. Click OK to save the changes and close the dialog box or click Cancel to close it without saving changes.