Zovo PTO Accrual Calculator

Use this when someone asks how much PTO they have, wants a PTO accrual calculator or vacation accrual calculator, or needs an employee's PTO, vacation or sick leave balance from an accrual policy. Give the accrual rule as accrual_amount + accrual_unit (hours, days, weeks) + accrual_per (year, month, week, pay_period, hour_worked), e.g. 2 weeks a year = 2, weeks, year; 1 hour per 30 worked = 0.0333, hours, hour_worked; use accrual_rate text only as a fallback. Takes the policy (per hour worked like 1 h per 30, hours per pay period with weekly/biweekly/semimonthly/monthly pay, or a yearly amount front-loaded or accrued evenly), tenure tiers, hire date, max balance, annual cap, carryover limit and reset date, waiting period, hours worked, and time taken (dates, hours or ranges; future dates are planned). Returns the balance as of a date (default today, US Eastern), available hours, a dated ledger with accrued, used, capped and forfeited hours, upcoming accruals, a year-end projection with hours to use before the reset, and PDF, Excel and CSV files. Does not give legal advice, check state law compliance, compute PTO payout in money, or connect to payroll. For several employees use calculate_team_pto_balances.

Use this when an owner or HR person wants PTO balances for a team: one PTO, vacation or sick leave balance per employee from one accrual policy (accrual_amount + accrual_unit + accrual_per, e.g. 15, days, year) and a list of employees (typed, pasted CSV, or an attached CSV/Excel file with name, hire date, starting balance, hours used). Applies the same policy options as calculate_pto_balance (per hour worked, per pay period, annual front-loaded or accrued, tenure tiers, caps, carryover and reset, waiting period). Returns each person's balance, hours used this year, year-end projection and hours at risk at the reset, team totals, and PDF, Excel (with each person's ledger) and CSV files. Does not give legal advice, process payroll, or compute PTO payout in money. For one person's dated ledger use calculate_pto_balance.