Canada Vacation Hours Schedule (TA40.2)
Use Canadian Vacation Hours Schedule (TA40.2) to enter hour schedules for Canadian vacation plans.
Use TA40.2 for plans that require hours of service to determine plan eligibility. Before you use TA40.2, you must select 1 (Hours) in the Plan Basis field and enter a Pay Class on the Canadian Vacation Plan Master (TA40.1).
Processing effect
The Earnings Rules section defines the number of hours that use specific pay class earnings.
The Vacation Accrual/Payment Rules section determines the vacation percentage and annual entitlement hours that a particular employee receives. During Canadian Vacation Calculation (TA146) processing, the system finds the employees hours (according to the hours type on the schedule) and determines which level they fall into on the chart based on those hours. Next, it locates the percent and entitlement hours. The pay code from this section is used when you automatically generate payments with Canadian Vacation Payout (PR130).
The Annual Entitlement Hours field is used to calculate the accrued hours using this formula:
(the number of days per pay frequency divided by 365) x the value in the Ann-Entitle field x the FTE on the employee record.
If this is the very first accrual for the employee, then the calculation is based on the actual number of days since the first eligible date.