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#1
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Calculate Accrued Time
Good morning! I have searched for this, and couldn't find anything that
satisfied what I'm looking for. I'm hoping to find some help with this. I need a formula that will auto calculate time accrued (PTO) at a rate of 5.85 hours every 2 weeks. I know employee start dates, and have the current balance of PTO, just need to be able to add to it w/ out having to go through our payroll system & manually update for each person. Thank you! -- ~*Heather*~ |
#2
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Calculate Accrued Time
What constitutes 2 weeks (14 days, 10 working days)? What happens if they
started 2 weeks and 3 days ago? -- HTH Bob "Heather" wrote in message ... Good morning! I have searched for this, and couldn't find anything that satisfied what I'm looking for. I'm hoping to find some help with this. I need a formula that will auto calculate time accrued (PTO) at a rate of 5.85 hours every 2 weeks. I know employee start dates, and have the current balance of PTO, just need to be able to add to it w/ out having to go through our payroll system & manually update for each person. Thank you! -- ~*Heather*~ |
#3
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Calculate Accrued Time
Sorry, it accrues every pay-period (14 days). Also, I don't need to start at
the beginning of their hire date. What I'm trying to do is figure out a formula that will take the current balance and add 5.85 hours for a new current balance every 14 days, also deducting any time used. I know how to add them up, just don't know how to set a formula to auto-calculate every 14 days. If it helps, our current columns a Employee name; Accrual Rate (5.85 hrs / 14 days); Previous Balance; PTO Used this pay period; Current Balance. I'm not against having additional columns if needed. We just started this report, and would prefer not having to access each timecard & manually enter PTO accrued up to current date. I just tried out "previous balance+accrual-taken=current balance" but I'm looking for something that the previous balance would not have to be updated each time. Thanks. -- ~*Heather*~ "Bob Phillips" wrote: What constitutes 2 weeks (14 days, 10 working days)? What happens if they started 2 weeks and 3 days ago? -- HTH Bob "Heather" wrote in message ... Good morning! I have searched for this, and couldn't find anything that satisfied what I'm looking for. I'm hoping to find some help with this. I need a formula that will auto calculate time accrued (PTO) at a rate of 5.85 hours every 2 weeks. I know employee start dates, and have the current balance of PTO, just need to be able to add to it w/ out having to go through our payroll system & manually update for each person. Thank you! -- ~*Heather*~ . |
#4
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Calculate Accrued Time
I personally would ditch the whole process of accruing, and just have a
calculation based upon their start date. If you don't, you will have to have some code on workbook open, hold the last update date somewhere, and check if today is greater than that date + 14, if so, increment all of the accrued values by 5.85, then update that last update date. The previous balance would be just accrued -5.85 would it not? -- HTH Bob "Heather" wrote in message ... Sorry, it accrues every pay-period (14 days). Also, I don't need to start at the beginning of their hire date. What I'm trying to do is figure out a formula that will take the current balance and add 5.85 hours for a new current balance every 14 days, also deducting any time used. I know how to add them up, just don't know how to set a formula to auto-calculate every 14 days. If it helps, our current columns a Employee name; Accrual Rate (5.85 hrs / 14 days); Previous Balance; PTO Used this pay period; Current Balance. I'm not against having additional columns if needed. We just started this report, and would prefer not having to access each timecard & manually enter PTO accrued up to current date. I just tried out "previous balance+accrual-taken=current balance" but I'm looking for something that the previous balance would not have to be updated each time. Thanks. -- ~*Heather*~ "Bob Phillips" wrote: What constitutes 2 weeks (14 days, 10 working days)? What happens if they started 2 weeks and 3 days ago? -- HTH Bob "Heather" wrote in message ... Good morning! I have searched for this, and couldn't find anything that satisfied what I'm looking for. I'm hoping to find some help with this. I need a formula that will auto calculate time accrued (PTO) at a rate of 5.85 hours every 2 weeks. I know employee start dates, and have the current balance of PTO, just need to be able to add to it w/ out having to go through our payroll system & manually update for each person. Thank you! -- ~*Heather*~ . |
#5
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Calculate Accrued Time
Thanks everyone, but I found my own solution. The formula I'm using follows:
In A1 (date): 1/1/2010 In B1 (Balance- will be hidden): 0 In C1 (PTO Used): 0 In D2 (Balance- shown): 0 In A2: =DATE(YEAR(A1),MONTH(A1),DAY(A1)+14) Copied down. In B2: =D1+5.85 Copied down. In D2: =B1-C1 Copied down. Example: 1/8/2010 41.78 0 41.78 1/22/2010 47.63 5 42.63 -- ~*Heather*~ "Heather" wrote: Sorry, it accrues every pay-period (14 days). Also, I don't need to start at the beginning of their hire date. What I'm trying to do is figure out a formula that will take the current balance and add 5.85 hours for a new current balance every 14 days, also deducting any time used. I know how to add them up, just don't know how to set a formula to auto-calculate every 14 days. If it helps, our current columns a Employee name; Accrual Rate (5.85 hrs / 14 days); Previous Balance; PTO Used this pay period; Current Balance. I'm not against having additional columns if needed. We just started this report, and would prefer not having to access each timecard & manually enter PTO accrued up to current date. I just tried out "previous balance+accrual-taken=current balance" but I'm looking for something that the previous balance would not have to be updated each time. Thanks. -- ~*Heather*~ "Bob Phillips" wrote: What constitutes 2 weeks (14 days, 10 working days)? What happens if they started 2 weeks and 3 days ago? -- HTH Bob "Heather" wrote in message ... Good morning! I have searched for this, and couldn't find anything that satisfied what I'm looking for. I'm hoping to find some help with this. I need a formula that will auto calculate time accrued (PTO) at a rate of 5.85 hours every 2 weeks. I know employee start dates, and have the current balance of PTO, just need to be able to add to it w/ out having to go through our payroll system & manually update for each person. Thank you! -- ~*Heather*~ . |
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