Leave Accrual

Meaning & Definition

Accrued Leave

Leave accrual processing refers to the systematic calculation and accumulation of paid time off for employees over a specified period. This process involves tracking and accruing leave, such as vacation days or sick leave, based on accrual policies set by the employer. Leave accrual processing ensures accurate recording of earned leave, allowing employees to gradually accumulate and utilize their entitled time off while providing employers with a structured method for balancing.