What is accrual in SAP LOD-SF-EC - Employee Central?

SAP Term: accrual

• Component: LOD-SF-EC

• Component Name: Employee Central

• Description: In Time Off, an arrangement where an employee starts the year with a zero leave balance and builds up that balance at a given rate - say, half a day per pay period - as the year progresses.

Smart SAP Assistant

• Key Concepts: 
  Accrual is a feature in SAP Employee Central that allows employers to track and manage employee benefits and entitlements. It allows employers to track the amount of time an employee has accrued for vacation, sick leave, or other benefits, and to manage the payment of those benefits. 
  
  How to Use it: 
  Accrual can be used to track the amount of time an employee has accrued for vacation, sick leave, or other benefits. It can also be used to manage the payment of those benefits. The employer can set up rules for how much time an employee can accrue, and when they can use it. 
  Tips & Tricks: 
  When setting up accrual rules, it is important to consider the needs of both the employer and the employee. For example, if an employee is entitled to a certain amount of vacation time each year, the employer should set up rules that ensure that the employee is able to use all of their vacation time before it expires. 
  Related Information: 
  Accrual is part of SAP Employee Central, which is a cloud-based HR system that helps employers manage their workforce. It includes features such as payroll processing, performance management, and talent management.