Vacation Hours Accrual calculation

[bobbysmith]

hey guys,


i was wondering if anyone can help with some vacation accrue calculation. I've search thru threads here for some help but failed to find one that i can duplicate. So basically this is what i need calculated. Any employee that has work between 1-3yrs with the company accrues 8hrs of vacation per month at the end of the month, ie 30 or 31st whatever the case may be. So after 3yrs on their anniversary date (hiredate), they will automatically accrue 12hours/month. For example: 3yrs = 288 hours and then 3yrs and one month = 300hrs and accrue an additional 12hours everymonth until the 10yr mark and then they would start accrueing 16hours/month. i tried using the DATEDIF() and was successful but once its over 3yrs then i've come to a crosspoint. would appreciate any input thanks in advance.


1-3yrs Service 3-9yrs Service 10+yrs Service
8hrs/mnth 12hrs/mnth 16hr/mnth


hiredate currentdate Vaca Accrue
10/10/16 11/30/19 300hrs

 

[CyrusTheVirus]

The immediate question to ask is do you have a payroll system that keeps track of this for you?

Are you really planning on keeping track of this in a spreadsheet?

 

[Dave Patton]

=DATEDIF(B2-1,C2,"m")*8+(MAX(0,(DATEDIF(B2-1,C2,"m")-(3*12))*(12-8)))+(MAX(0,(DATEDIF(B2-1,C2,"m")-(9*12))*(16-12)))

You could put the month calculation in a distinct column.

Excel 2010
	B	C	D	E	F	G
1	Start Date	Current Date	Months	Accrual	Vac Used	Balance
2	10-Oct-16	30-Nov-19		300.00	2	298.00
3	10-Oct-16	30-Nov-19	37	300.00	2	298.00
3dd

Cell Formulas
Range	Formula
E2	=DATEDIF(B2-1,C2,"m")*8+(MAX(0,(DATEDIF(B2-1,C2,"m")-3*12)*(12-8)))+(MAX(0,(DATEDIF(B2-1,C2,"m")-9*12)*(16-12)))
E3	=D3*8+(MAX(0,(D3-3*12)*(12-8)))+(MAX(0,(D3-9*12)*(16-12)))
D3	=DATEDIF(B3-1,C3,"m")
G2	=E2-F2
G3	=E3-F3

 

[bobbysmith]

thank you dave