Answer
The Leave Accrued in Advance calculation estimates what amount of annual leave an employee has accrued since their last holiday anniversary.
For example if 2/3 of the year has elapsed since the anniversary date, the employee is potentially due 2/3 of their annual leave allocation. e.g. 0.66 multiplied by 120 hours equals 79 hours.
Note: the Leave Accrued in Advance calculation is date driven and will change whenever the pay ended date is altered.
This figure is only a guide and is not a balance that is paid out. It is used to check whether an employee has enough leave accrued to take leave in advance.
Related posts: