SYSTEMS AND METHODS OF AUTOMATIC ACCOUNTING OF LEAVE LIABILITY
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United States of America Patent
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N/A
Issued Date -
Oct 22, 2015
app pub date -
Apr 16, 2014
filing date -
Apr 16, 2014
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
Systems and methods of automatic accounting of leave liability are provided. Employee information associated with a current time period is accessed. The employee information relates to a current paid time off balance of an employee associated with the employee information. A current leave liability associated with the current time period is calculated using the employee information. The current leave liability is a current value relating to the current paid time off balance associated with the current time period. A difference between the current leave liability and a previous leave liability posted to a general ledger is determined. The previous leave liability relates to a previous paid time off balance associated with a previous time period. An adjustment reflecting the difference between the current leave liability and the previous leave liability is posted to the general ledger.
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Family
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