How to calculate accrued vacation pay?

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How do you calculate accrued vacation pay?
Posted by:
Abdul Qayyum Mohammed
20-September-2014

Payroll Accounting Accounts Payable Finance

Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2016/11/21

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1 Answers

by Hamza Syed Al Zabree

salary per day = Basic salary *12/365

Annual leave Eligible days = Total No. of days work*No of Days per year/365

Annual Leave salary= Salary per day*Annual leaves Eligible days

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