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

What is the fastest way to copy a formula?
If A2:A50000 contain data. Enter a formula in B2. Select B2. Double-click the Fill Handle and Excel will shoot the formula down to B50000.
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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