Account transfer rules
These rules determine how to further process the account balance in the transition between months and years. If we intend to transfer the balance, by setting up these rules we can determine a specific way of transfer and the potential adjustment of the balance.
The conditions of the rule are used to carry out this setting.
If the balance is higher than and lower than, do the following:
- Do nothing
- Set to 0
- Set a specific balance value
- Set a percentage ratio of the balance
Set also the periodicity of this rule:
- monthly (e.g. hours of overtime)
- yearly (e.g. holiday)
How to:
- Click on "Add account transfer rule"
- Name: NAMING / TITLE – we recommend a short, fitting name
- Description: option of a more detailed description – not required
- Periodicity of account balance transfer: What frequency should the rule be applied with
- If the balance is higher / lower: Rule for transfer execution
Example: The employee has 20 whole days of holiday left (the holiday account is set up in half-days) but the employer allows only 10 days to be transferred into the following year. In case the employee has less than 10 days left, 100% of the unexhausted holiday is transferred.
Click on "Save"
List of created balance transfer rules:
In the view list of account balance transfer rules it is possible to edit or delete individual accounts.
In case of their editing any change reflects where this rule is assigned.
In case of deletion (not recommended) some already set rules can stop working.
