Last modified by: Kevin Zimmer -
So you're working with Pay Codes and the word Accruals came up? Well here's a quick run down of that.
In some organizations employees collect benefits such as sick time or vacation time based on the number of hours they have worked. These benefits or all of this collected time is called an Accrual.
So if Leslie has worked all year and has nine days vacation then Leslie has accrued nine days of vacation.
Some common kinds of Accruals are: Vacation time, Sick time, Banked hours.
Some articles that deal with Accruals are: