Hello everyone,
My institution recently adopted Microsoft Dynamics 365, Finance HR and Payroll as our ERP. Our implementation company is new to rolling out this suite. I'm hoping someone can assist with a question that I have on Benefit Accrual Plans.
At our institution we have an annual carry forward balance of 320 hours of vacation time.
We also want to enforce this cap each pay period, to remove the ability to earn over 320 hours at any given time.
If an employee currently has a balance at 315 hours and will accrue 6.15 hours from this pay period per our accrual schedule of 6.15 hours bi-weekly, the additional hour and change would be lost and they would end up having a total of 320 available hours.
Does anyone see any way of adjusting this to enforce it per pay period? I cannot change the Annual Plan Start Date, which was my first thought because when the annual date is hit it enforces the rule and calculation to put all employees to 320, but it's only performed once per year on the Annual Plan Start Date. I'm also a little confused on how the frequency calendar works, and wanted to see if we could come together as a community to answer this question. Our vendor so far believe they want to do a customization on one hand, but I had two more technical people state that the frequency and accrual rate basis might be items we could manipulate to get the maximum cap to calculate each pay period.
Fig 2 - We want the available balance to max out at 320, and we would like the calculation for benefit accruals to run every pay period. No employee should have more than 320 available in any given pay period.
