Periodic Time Account Updates with Payout
Description
The periodic time account update process now allows you to make multiple payouts with different pay components. This enhancement enables admins to pay out any remaining balances for working time accounts or time off in lieu accounts at the end of a period such as a year or month, which avoids the manual payouts.See More
Detailed Description
The periodic time account update process now allows you to make multiple payouts with different pay components. What's Changed How It Looks Now With this new feature, you can automatically make multiple payouts at the end of a defined period as part of the periodic time account update process. In the example shown in the screenshot, if the balance is above 40, it can be paid out with a flexible pay component that you can select.
Impact Assessment
This feature may require configuration review, user communication, and regression testing of related processes in Time Management implementations. The periodic time account update process now allows you to make multiple payouts with different pay components. What's Changed How It Looks Now With this new feature, you can automatically make multiple payouts at the end of a defined period as part of the periodic time account update process. Implementation teams should verify that existing configurations remain valid and test core business scenarios after the upgrade to confirm correct behavior.