for more details. While accruing new leave quota on selected frequency, system also considers the number of leaves to be carried over. Whenever the accrual happens at the start of the new calendar year, system calculates the new leave balance along with the number of leaves to be carried over. If the leave balance is more than number of leaves to be carried over, then those leaves get lapsed in the new calendar year. Example - Let us say for a leave type the accrual is set to 20 leaves/year & number of leaves to be carried over is 7 set to per year. By the year-end (as per selected policy renewal date) employee A has 10 leaves as balance. System would accrue 20 leaves in the start of the new calendar year. At the time of this renewal, out of 10 balance, only 7 would be carried over (as per the setting). Rest 3 will lapse. Thus the total balance would be 20 + 7 = 27.
Round off calculation examples If the calculation after applying formula is </= 2.24 then round off will be 2 If the calculation after applying formula is </= 2.74 then round off will be 2.5 If the calculation after applying formula is >/= 2.75 then round off will be 3 |