If you've activated time banks, you can bank overtime hours, but also use the hours in this bank to complete your employees' timesheets. To do so, make sure that the overtime threshold is set correctly in the organization settings or in the individual employee profile settings.
Bank overtime for all
You can automatically adjust timesheets for all your employees at once if each of them has a fixed overtime threshold.
Important: If some of your employees don't have a fixed hours threshold, don't make a mass adjustment. Instead, make individual adjustments as described later in this article.
Go to the Attendance menu.
In Timesheets, make sure you're in the correct pay period.
Click on the adjust timesheets hours icon.
Specify the banking action
Make sure the Bank all overtime box is checked.
Select the time bank into which hours must be added.
The multiplier will affect the hours put in the bank, so make sure it is right or change it as needed (the default multiplier will match what was set for the selected bank).
If applicable, check the Complete timesheets using hours in the bank box and enter the corresponding details. This function allows you to use the hours already in bank to fill in incomplete timesheets.
Checking Allow negative time bank balance allows the employees to be paid for their usual time so that they can resume their hours later.
Confirm by checking the corresponding box.
Click Apply.
Bank hours individually
Automatic adjustment
If your employee has a fixed overtime threshold, you can use automatic adjustment.
To make the automatic adjustment, go to the Attendance tab and click on the desired employee to access their timesheet. Select the correct pay period for which you wish to make the adjustment.
Click the adjust timesheet hours icon in the top-right corner. A menu will open allowing you to choose your banking options:
Check the Bank all overtime option.
Confirm that the correct bank is selected.
Confirm that the multiplier is correct.
Click Apply. The hours will be taken from the timesheet and added to the bank.
If you are not satisfied with the automatic adjustment, simply delete the transactions by selecting them and pressing the trash button.
The hours will be returned to the timesheet, and you can make another automatic adjustment by selecting different criteria, or make a manual adjustment as shown below.
Manual adjustment
If your employee does not have a fixed overtime threshold and you wish to choose the number of hours to be added to their bank of accumulated hours, you can make a manual adjustment.
To do so, click on the desired day to add a time entry.
Select the Bank type at the top of the page.
Confirm that the correct bank is selected.
Select Add hours to bank.
Enter the number of hours to be added to the bank.
Confirm that the multiplier is correct.
Click Save.
