Overview
Hours are officially banked only after a manager approves clockings within the Time & Attendance (T&A) module. This guide explains the approval flow and how to audit banked hours.
Permissions
Users require Approve Time Clocking permission set over the relevant employees.
The Approval Workflow
Hours are banked when a manager approves a clocking with overtime by toggling Use Banking to 'On'. The conversion rate is determined by the company's global banking settings or the employee's position settings.
Overtime hours approved as banked hours do not show as a payment in the payroll, but the hours can be paid off like other leave types for payment.
Banked Hours Reporting
To audit banked hours for a specific period, generate the Approved Timesheet Report:
- Navigate to Time & Attendance Reports.
- Select Approved Timesheets Report.
- Click Report Fields and ensure 'Banked hours' and 'Banked leave type' are selected.
- Select your date range and click Download.