How to pay vacation

It is important for an employee to know about how salaries are paid, in hospital, and how vacation pay is calculated. It is for this purpose to conduct personal conversations, which will eliminate unnecessary questions and conflict situations. The majority of employees believe that it is not so difficult to calculate holiday pay, but it does not seem like an accountant engaged in this. It is necessary to understand this question.

How to pay vacation

Recently, organizations are encouraged to draw up a special holiday schedule. In this case, the employee for two weeks will be warned about his next vacation, and the accountant will have enough time for calculating and calculating vacation pay. However, there are organizations in which the schedule of holidays is not compiled. In this case, two weeks before the next holiday, the employee writes a standard application for his release, and 3 days before the holiday begins, he is given a vacation allowance. Understanding the issue of how vacation pay is calculated, certain actions should be taken.

To begin with, you need to determine the settlement period - usually the last 12 months worked are taken for it. If the employee has settled into the organization less than 12 months ago, in terms of the settlement period, it is customary to take time, which was actually worked out. The amount of the vacation benefit must be determined without fail. To do this, it is necessary to divide the amount of wages for the year by 12, and then by 29.4, that is, the average number of calendar days in a month. After these manipulations, the obtained value must be multiplied by the number of days on vacation. The calculation does not take into account material assistance and a one-time premium.

At first glance, it seems clear how the vacation pay is calculated, but there are many difficulties. They are usually associated with the fact that the employee did not fully work days, so it's best to start to determine the actual number of days that were worked out in the reporting period. It is important to understand that the holidays are included in the calculation. Accrual of vacation for an experienced accountant is a usual thing, but a beginner should do it as carefully as possible, since in the event of an error, there may be a variety of conflict situations with employees, as well as with supervisory bodies, which is an obvious minus in the accountant's work.

Rules for the calculation of vacation

There are situations when certain organizational changes are made to the organizational conditions of work, which causes a reduction in the number of employees. The employer in such cases has the right to introduce a special working time regime, that is, a part-time day, in order to save workplaces. How can I accrue and reflect in the accounting documents mutual settlements with employees on vacation payouts, considering that you can not exclude a single day?

It is necessary to use the average daily earnings, which is determined by the actually calculated wage in accordance with the worked time. The calendar month is usually considered the period of 1-30 (31st) day of each month. Calculation of average daily earnings is carried out for a period of 12 months, with the exception of sick leave and leave.

Reflecting payments

The amount of vacation is usually attributed to expenses for standard activities. Information on such mutual settlements with the employee is reflected in the special account 70 "Payroll calculations". In this situation, the accounting department of the enterprise, in accordance with the accounting policy, includes vacation pay in calculating the current period in the month during which the vacation time falls .

Now you can orient yourself in the question of how to pay leave, which will allow you to independently determine the approximate amount of your vacation allowance.