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Creating a holiday accrual spreadsheet.

Hi I need some help with setting up an accrual spreasheet to keep track of staff holidays, can someone help me with the formula? i need the formula to calculate the holiday from the start date of the employee to the current date. Any Ideas? Many Thanks

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Re: Creating a holiday accrual spreadsheet.

Hi, I guess you mean vacation accrual. It's hard to help you here, without knowing the exact accrual formula. However here are some tips: Set up a column with the start date for each employee and use the today() function to get today's date. You can use the days360() funtion to calculate the number of days between two dates, assuming regular 30 days/month. For more date related functions, click on the Fx (letter f with an subscript x) to the left of the value/formula entry field at the top of the spreadsheet. Thsi gives you a wizard with a list of functions. Select the Data/Time group and you see all available functions and can interactively pull them together. Good luck K

Posted on Sep 06, 2007

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Re holidays accrued.

Your 28 days holiday is free holidays (assuming you have not including predetermined holidays - i.e public holidays)

28 days divide by 12 months = 2.333 days

Your holiday year cannot be April to April as this is 13 months - so I have assumed it is April to March, or it could be May to April - This will affect how many holidays you have earnt upto August.

Multliply the 2.33 days per month by the number of months until your holiday in August. The calculation your employer is using may take into account you have to earn full days by the end of the month before you take a holiday.

2.33 days X 4 months to end of July = 9 days
2.33 days X 5 months to end of August - 11 days.

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Creating vacation accrual spreadsheet

Here is one way to do it:
1. In column A enter the name
2. In column B enter their start date in the format day-month-2008 (31-12-2008 for Dec. 31, 2008); if a day is less than 10, put zero in front (03, 04, etc.)
3. In column C put 31-12-2008 (December 31, 2008, the last day of the year)
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5. In column E, put this formula:
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Hi Chinnu,

For this you will have to install an Add-in called Analysis Tool Pack.

Kindly follow the below instructions:

1. Open Excel Options (Menu-Excel Options)
2. Click on Add-Ins on the side pane of the Excel Options Window
3. Check to see if Analysis ToolPak is in Inactive application add-in list.
4. If is not, proceed to Step 7
5. If it is in the inactive application add in list, Select Excel Add-ins against Manage and click on "Go"
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In your case give the start date as 1st July and end date as 10th July and Holidays as 0 or 1 (doesn't matter). The answer it will return will be 8 days.

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