Canada Vacation Date Schedule (TA40.3)
Use Canadian Vacation Date Schedule (TA40.3) to enter date schedules for Canadian vacation plans.
Use TA40.3 for plans that require dates of service to determine plan eligibility. This schedule defines the length of service based on the hire date or adjusted hire date. Before you use TA40.3, you must select 2 (Date) in the Plan Basis field of Canadian Vacation Plan Master (TA40.1).
Processing effect
Based on the level of service which is determined, the employee is entitled to a certain vacation percentage and annual entitlement hours. The Vacation Earnings Pay Class field determines which earnings are used as a basis. The Vacation Pay Code field is used when a payment is automatically generated with Canadian Vacation Payout (PR130).
The Annual Entitlement Hours field is used to calculate the hours accrual 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 days since the first eligible date.