Holiday Pay Accrual
Rebuild the accrual for leave earned and not taken, and agree it to the ledger.
- Ledger + holiday balances at the year end
How the result is read
Leave earned and not taken at the year end is a liability (IAS 19.13, FRS 102.28.6, ASC 710 for compensated absences; the provision pour congés payés in France). It is rebuilt from three figures: each employee’s untaken days, the day rate of the salary the HR file approves, and the employer’s on-costs at the rate the year’s payroll actually bore, which is what the leave will cost when it is taken. The rebuilt total is set against the holiday accrual the ledger carries; individual balances that cannot be right are listed beside it.
In the application
Holiday Pay Accrual is filed under Payroll, index letter H. "Run all analyses" runs it with every other analysis the ledger and the documents loaded can answer. The worksheet states the population it tested on its face — or "Not applicable" with the reason when a column it depends on is empty — and the Excel workbook the engagement exports files it under H, beside an index of the source files with their SHA-256 fingerprints.
Read it with
Run your next audit file test without the Excel crash.
One free engagement to evaluate, valid 60 days. The ledger never leaves the machine.
- 20 minutes
- Runs on a fictional engagement
- No client data required