Holiday Balance


Holiday Balance Overview
The vacation balance consists of three segments:
  • Available: Number of vacation days available for the current holiday year (typically from April 1st to March 31st).
  • Accrued: Number of days accrued for the next holiday year, available for use then.
  • Per Month: Number of vacation days accrued by the employee each month.
Automated Balance Updates
Available Balance: Reflects the total vacation days an employee can use within the current holiday year, ensuring clarity on available downtime.
Example Use Case: An employee checks their available balance before planning a summer holiday, ensuring they have sufficient days for the intended break.
Accrued Days: Shows the vacation days accumulating for the upcoming holiday year, which become accessible at the start of the new holiday period.
Example Use Case: Post-March, an employee reviews the accrued days to understand how many additional vacation days have been earned for future planning.
Monthly Accrual: Indicates the rate at which vacation days are earned each month, offering insight into how leave entitlement grows over time.
Example Use Case: A new employee monitors their monthly accrual to estimate when they will have accumulated enough days for a planned vacation later in the year.
Vacation balances update automatically as days are accrued or taken, providing employees and management with real-time visibility into leave entitlements and usage, facilitating informed vacation planning and management.