Leave Bank Set Up

If the Leave Bank feature is enabled, click the menu option to open the Leave Bank page.

If this is your first-time using Leave Bank, you must create a fiscal year. Once the fiscal year is created, it cannot be deleted or changed.

Is Paid: This must be enabled for the hours to be deducted from the bank balance.
Bankable: Mark a leave code as Bankable to track keep a running balance that accounts for leaves taken during the fiscal year.
Minimum Balance: Prevent employees from requesting a Leave that will result banked hours below this value. Entering a negative value allows overdraft situations.
- Setting the Minimum Balance to zero, (if your organization has enabled the Work Rule: InsufficientHoursInLeaveBank),will trigger a Rule Violation preventing the employee from creating the Leave Request if they have exhausted their Base Yearly Allowance in the Leave Bank.
Maximum Balance: Places limit on accrued time when Allow banking of worked hours is allowed.
Allow banking of worked hours is the functionality that allows overtime to be saved as bankable time rather than being paid out to an Employee. You will need to request to your Customer Success Manager to enable this option and to set it up for you.

You can view by Leave code or Employee and sort by Group or Team.
The Fiscal year will default to your current fiscal year.
Only Leave codes that have been set as Bankable will appear in the drop-down list.
For each employee, input a Base yearly value in hours and save your changes. You can edit these if needed. The values are copied over from year to year.

Set the Maximum fiscal carry over hours (to be carried over from the previous year) and save your changes. You can edit these if needed.

You can check all the transactions for that employee by clicking the View Transaction button.

Select the Leave code or the Employee View.
Click the plus/minus Add adjustment icon.
Select the Adjustment effective date.
Enter the number of Hours. A negative entry, such as -5, will reduce the Hours remaining.
Click Add adjustment.

From the Employee view, the Hours remaining are updated for the selected Leave Code.