Accurately Setting up Vacation and Sick Time Accruals
We have the following guidelines for Sick time and vacation. I have attempted several times to set this up accurately in QB PP Contractor 2019. What do I have set up wrong. QB does not accurately track PTO as it should. Any help in setting this up would be greatly appreciated. I have been on line with tech support on three occasions and the accruals are still not accurate. Another piece of this is that our hourly employees use T-Sheets to record their hours and the sick and vacation time on the app does not match what is in QB.
Here is our policy. The entry screen for our QB edition follows. Thank you for any assists that can be provided.
For employees hired prior to July 1, 2015 the accrual period for sick time will be July 1 through July 1 of the following year. For Employees hired after July 1, 2015 the accrual period will their date of hire.
Hourly employees accrue 1 hour of Sick time for every 30 hours worked for a maximum of 40 hours per accrual cycle (1 year). Employees are allowed to carry over any unused Sick time, up to a maximum of 40 hours, into the following accrual period.
Any full time hourly employee that has been employed for a one year will receive 40 hours of Vacation time on the anniversary of their hire date. Hourly employees that have worked for three consecutive years full time will receive 80 hours of Vacation time on the anniversary of their hire date.
No more than 40 hours of Vacation time from the previous accrual period can be carried forward into the following accrual period.