Question: How Does Leave Accrual Process Works in Peoplesoft? What Are The Different Setups Needed?
Question: How Does Leave Accrual Process Works in Peoplesoft? What Are The Different Setups Needed?
Answer: I will be covering the answer in different parts; This will be Part-1 which will cover the basics of
Leave
Accrual
Process
in
PeopleSoft.
PeopleSoft provides Base Benefit tables where we can provide the accrual rules for Sick and Vacation Plans.
The main purpose of leave accrual process in PeopleSoft is to accrue leaves based on the plan setup and
maintain
employee
leave
balances.
Every benefit plan in PeopleSoft is distinguished by a unique combination of plan type and plan name. Use
the Plan Type field to enter the plan type for the employee. Plan type is a unique identification code. Valid
plan types for leave plans are 50-59 and 5A - 5Z. Plan Type of 50 is for Sick Plan and 51 is for Vacation Plan.
Benefits tables store leave plans and accrual balances. The Leave Plan table allows you to define service and
accrual
processing
rules
for
your
leave
plan
Set Up for Leave Accrual: Set up HRMS -> Product Related -> Base Benefits -> Plan Attributes -> Leave
Plan
Table:
On this setup table, you specify how your leave time should accrue, i.e. is it based on the length of service
or
based
on
the
number
of
hours
you
work
in
each
pay
period;
For Example, if you want to accrue 8 hours per month if the service length is between 0 to 23 and should
accrue 10 hours per month for any service above 24 months, then you would use the following setup:
Service
Accrual
Unit
Rate
Units
would
would
be:
be:
Hours
Months
per
Month
In the Accrual Rate Values grid, you would have 2 lines. One with 0 Service Months and 8 Hours per month
and
second
line
with
24
Service
Months
and
10
Hours
per
month;
In the setup table, based on Accrual Rate Units the award frequency determines how often accrued time is
awarded to the employees. If the award frequency indicates First Run of Year which means that time is
awarded only once, during the first Accrual Processing run of the year for most employees, or during the
first run in which a newly hired employee is eligible to be awarded accrued time. If the award frequency
indicates First Run of Month, during the first Accrual Processing run of each month, each employee will be
checked to see if time should be awarded, and if so, how many hours. Accrued hours are awarded during the
first run of each week when Weekly frequency is selected. If Hourly frequency is chosen, each employee will
be checked during every Accrual Processing run; if additional service hours have been posted to the
employee's
records
by
payroll
processing,
additional
time
may
be
calculated
and
awarded.