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MS Office Forum / Excel / Worksheet Functions / January 2005

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Accrued Vacation

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Kim Campbell - 10 Jan 2005 16:05 GMT
Hi,

I need help creating a formula to calculate accrued vacation time.  Employees earn either 1, 1.5, or 2 days of vacation time on their anniversatry date each month.  How can I create a forumla that will automatically compute everyone's vacation time?

Thanks in advance for your help!
JulieD - 10 Jan 2005 16:07 GMT
Hi

what is the basis of whether they get 1, 1.5 or 2 days?

Cheers
JulieD

> Hi,
>
[quoted text clipped - 4 lines]
>
> Thanks in advance for your help!
Kim Campbell - 11 Jan 2005 16:22 GMT
It depends on how long they've been with the university.
JulieD - 11 Jan 2005 16:21 GMT
Hi Kim

did Myrna's answer give you what you're looking for?

Cheers
JulieD

> It depends on how long they've been with the university.
Kim Campbell - 12 Jan 2005 14:28 GMT
Unfortunately not exactly, so I posted an example of the spreadsheet setup.
Myrna Larson - 10 Jan 2005 18:48 GMT
I think the easiest way would be to create a table to use with VLOOKUP that
has the required length of service (in months?) in the 1st column, and the
number of weeks varaction in the 2nd, i.e. something like

 0   0
 6   1
12  1.5
36  2.0

assuming they get no vacation until they have completed 6 months, then 1
month, increasing to 1.5 after 12 months, and to 2 after 36 months.

Then if you have the date of hire in, say, column B, and the above table is in
cells K1:L4, the formula for vacation is

 =VLOOKUP(B2,$K$1:$L$4,2)

>Hi,
>
>I need help creating a formula to calculate accrued vacation time.  Employees earn either 1, 1.5, or 2 days of vacation time on their anniversatry date each
month.  How can I create a forumla that will automatically compute everyone's
vacation time?

>Thanks in advance for your help!
Myrna Larson - 10 Jan 2005 18:50 GMT
Oops. That formula should be

 =VLOOKUP(DATEDIF(B2,TODAY(),"m"),$K$1:$L$4,2)

>I think the easiest way would be to create a table to use with VLOOKUP that
>has the required length of service (in months?) in the 1st column, and the
[quoted text clipped - 21 lines]
>>
>>Thanks in advance for your help!
Kim Campbell - 12 Jan 2005 14:26 GMT
Here is an example of the spreadsheet.  Maybe it will help explain what I'm looking for better:

Start Date    # of Days Earned Per Month     Balance    Type of Time
9/21/1987               2             9.75     Vacation                   1             80            Sick       

       
So in this example, the employee earns 2 vacation days on the 21st of every month.  I need a forumula which will add 2 vacation days to the balance column on the 21st of every month.

Since I'm trying to bring my department into the computer world, this is just a template, if you think a formula could easily be created from another set-up, I'd be willing to make adjustments.

Thanks again for everyone's help!
JulieD - 12 Jan 2005 15:01 GMT
Hi Kim

one problem i can see with adding 2 days to the figure in the balance column
on the 21st of each month is what happens if the workbook isn't opened on
the 21st ...

how about a system where you can enter a date (or use the current date)
which will show how much vacation time the employee has accurred from
engagement on at the top of a column that has "leave taken" listed and a
figure showing the difference?  would that work? or can you think of another
way of approaching it?

Cheers
JulieD

> Here is an example of the spreadsheet.  Maybe it will help explain what
> I'm looking for better:
[quoted text clipped - 12 lines]
>
> Thanks again for everyone's help!
 
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