Calculation of vacation

Most workers are seriously concerned about the procedure for calculating holiday pay to know how much to actually calculate when they leave for leave. In order to convey this information to the staff, you can conduct personal conversations, which will avoid not only unnecessary questions, but also unexpected situations. Many employees are convinced that the accrual of such payments is not difficult, however, accountants who deal with these issues do not think so. Let's understand.

Calculation of vacation

For the last few years, organizations have been drawing up special vacation schedules, which allows each employee to be warned about the upcoming leave in two weeks, and the accountant has enough time to correctly calculate and calculate the due payments. But there are also such organizations where no such schedules are currently being drawn up, in which case the employee needs to issue a special application for leave, after which the accounting department will calculate the vacation allowance and issue it 3 days before it comes. It is worth mentioning that the procedure for calculating holiday sales requires certain operations.

First of all, we are talking about the definition of the settlement period, which is traditionally the last 12 months worked by the employee. If the employee started work in the organization less than a year ago, then the accounting period is the time that was actually worked out. To calculate the vacation allowance, it is required to summarize the annual salary, then divide the received number by 12, and the resultant private needs to be divided by another 29.4, that is, the number of calendar days in the month on average. When these manipulations are completed, the resulting figure will need to be multiplied by the number of days on vacation. Single single-time bonuses and material assistance in the calculation will not be taken into account.

At first glance, the procedure for calculating holiday pay seems quite understandable, but here you can face a number of quite certain difficulties. Usually they are connected with such moments as incomplete working time for employees, which requires the accountant to check the actual number of days worked in the reporting period, also holidays should be included in the calculation. The procedure for calculating vacation pay for an experienced accountant is common, however, beginners should be as attentive to this task as possible, which will allow them to avoid probable conflicts with employees of the organization, as well as with representatives of various supervisory bodies, which will serve as an obvious minus in accounting activity.

How to pay a vacation

In some situations, certain organizational changes are made to the organizational conditions of work, resulting in a reduction in the number of employees of the company. In such cases, the employer has the right to save jobs, and for this purpose he can introduce part-time work. In this case, you need to know how to calculate and reflect the mutual settlements with employees on the amounts paid as vacation, while it is important to understand that no day can not be missed.

Determination of the amount of vacation

The average earnings for each employee is calculated by determining the average daily wage, and it can be calculated by salary, which was actually accrued in accordance with the time that was worked out. In this case, a calendar month is taken from the beginning to the end of each month. The average daily earnings should be calculated for a period of 12 months, with the exception of holidays and sick leave.

Now you know how to calculate the vacation, it remains to determine how this is reflected in the posting. All mutual settlements with employees should be reflected in account 70 "Payroll calculations".