Manage all details of your leave plans in Microsoft Dynamics GP VD01-002


In this video, we're going to talk about how to manage aspects of your leave plans within Dynamics GP.

For this video we're going to look at our paid time off plan as it has a lot of standard rules built into it. I'm going to show you how to manage each of those rules that are common across leave plans and in one place. First, we've got our code and description and a leave type. The first real thing that we want to look at is the accrual schedule. It's the heart of the calculation for any leave plan.

If we look at the accrual schedule we will have a separate video that will talk about the details of this configuration. The premise of this accrual schedule is that as the employee progresses through their career and their service with your company they accrue more time. That's all built into the maximum hours, the calculation factor and, of course, the range is to determine how much they accrue. This is all done automatically when you calculate the leave.

Next, we'll take a look at the waiting period. The waiting period is a probationary period where the employee earns time but it's not made available for them. Next, we'll get into the maximums. The first maximum is a cap on the employees balance that can be set to be a fixed amount or use a schedule. The employee will never exceed that cap in their available balance.

The carryover option helps enforce a use it or lose it policy. So, if you have a limit as far as how much time an employee can carry from one year to the next, then you can set that up within the carryover options and do those at different times of the year.

The earned pay codes help determine which hours should be accrued upon during the calculation and the taken pay codes tell the system when the employees taken time from payroll transaction.

All of this management can be done in one place managing all aspects of your leave time plans for your employees.

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