Bi-Weekly Vacation Accrual Sheet

3valnntt88

New Member
Joined
Sep 20, 2017
Messages
2
Hello,

I am in charge of the tracking of Vacation time and I am having a really difficult time creating a formula. As I am not excel proficient.

I would appreciate any help (:

Our Payroll works as follows:

PAY FREQUENCY -- 2 Times a month (on the 15th & Last Day of the month)

20 Days per year - Average 1.667 days per month or 0.835 Per pay period.

I would like to set up a formula the amount of vacation days an employee will have as of today depending on their hire date.

Thanks in advance!
 

Excel Facts

Formula for Yesterday
Name Manager, New Name. Yesterday =TODAY()-1. OK. Then, use =YESTERDAY in any cell. Tomorrow could be =TODAY()+1.
you really need to get off Excel. This is a database.
you should learn Access. The right tool for the right job.
 
Upvote 0
not sure where the pay frequency comes in as you state there are 20 vacations days per year.


assuming hire data is in cell A1. FYI: 42736 is Jan 1, 2017

=(TODAY()-MAX(A1,42736))/365*20

hth,

Ross
 
Upvote 0

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