Plan payouts

You can use the Payout Plans action to create time records and service records for resources with an eligible accrual balance or an approved sell or exchange time off requests.

You must consider these things when you pay out plan balances:

• Process payout plans alone without running the Process Plans action to pay out available hours balances.

  Run the Payout Plans action to create transactions and update resource balance. Run the Close Plans action to close the transactions that are created and resource balance that are updated.

• Process plans and then run the Payout Plans action to pay out amounts in the current cycle.

  Transactions that are created in the Process Plans action are paid out in this process. To close out Payout Plans and Process Plans transactions, you must run the Close Plans action.

• Run the Process Plans action first when running both Process Plans and Payout Plans actions in the same cycle.

  If you run the Process Plans action after you run the Payout Plans action, then an error in payout plans is displayed in the Process Monitor window. You must first rerun the Process Plans action before the Payout Plans action.

• Resources included in the payout calculation must have a positive eligible accrual balance.
• Balances are decremented appropriately based on the plan’s structure.

You can run these cycle processing programs in Absence Management after you run the Payout Plans action.

See Closing the absence cycle, and Calculating and processing transactions.

See