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Some clients prefer to see the value of leave days taken rather than having the full Basic amount being shown with leave day numbers shown without a value.  

 

The total basic pay is split between basic pay for days worked and the value of leave during the period of absence.

 

To have a value placed on leave days:

- Go to the 'Setup, then 'Global Defaults' menu options

- Select the 'Leave' tab

- Check the box 'Value Leave Days'

- This will then separately value leave days taken.

 

Example

An employee has a Basic monthly salary of $840

5 days sick leave is taken

With 'Value Leave Days' ticked when processing the total paid to the employee will remain at $840 but broken down:

- Basic                          $ 680

- Sick Leave  5 days    $ 160

 

The leave valuation takes the period rate of pay and divides it by the number of working days in that period. The period rate being the Basic Salary.

 

LEAVE VALUATION REPORT

There is a report which shows the value of leave days taken. To access this report:

- Go to the 'View', 'Leave' then 'Valuation' menu options

- Enter any selection criteria

- Click 'Ok'

- Preview or Print

To view an example layout of this report see this leave Valuation Report.

 

MANUAL CHECK

To manually check the valuation of leave days:

- Go to the 'Edit', then 'Employee Master' menu options

- Select the employee

- Click on the 'Pay Details' tab.

- Note the 'Daily Rate'.

- Multiply this by the number of leave days to obtain the total value.