Statutory Holiday

Overview

Statutory holidays manage one of the cost items associated with an employee assignment. Statutory holidays produce another cost applied against the organization. This function allows the ability to specify whether employees will be paid or not on a particular Statutory Holiday. The Statutory Holiday function manages one of the cost items associated with an employee. Statutory holidays and associated Cost Items are used by payroll calculation and financial planning and forecasting.

 

Statutory Holiday screen Fields

Fields

Description

Code

Unique identifier for each record

Is Payable

By Default it is checked and indicates that the employee will be paid on that Statutory Holiday.

Holiday

It will be will be used as a pay calculation.