Solution Properties
Solution ID:
200427112432734
Last Modified Date:
Tue Jan 27 11:32:44 UTC 2026
Taxonomy Path:
Case category//How do I...//setting up
Author:
[email protected]
Set payments to accrue a holiday fund
Description

Holiday funds are monetary funds accrued over time to cover the cost of employees' holidays.

You can set up a holiday fund to deduct contributions from the employee's salary automatically, and pay the money out during a pay run.

NOTE:

You can only set specific pay elements using the steps below if your holiday fund is set to 'a percentage of holidayable gross'. The 'a percentage of gross' option doesn't use the settings below.

 

Cause
Resolution

Follow the steps below to include a payment in the holiday fund calculation.

  1. Go to Company then Pay Elements.
  2. Select the required payment then select Edit.
  3. Select the Include for Holiday Accrual check box.
  4. Click OK then click OK.
[BCB:19:UK - Sales message :ECB]

 

Steps to duplicate
Related Solutions