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Understanding the Time Banks Balance

What is the difference between the current, pending and available balance of my banked time off hours?

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Written by Charles Vallières

The time bank balance of an employee is segmented in 3 statuses:

  1. Current balance

  2. Approved

  3. Available

Current

The current balance in the amount currently in their bank. This does not consider any future planned time off.

Approved

The number of hours that are scheduled in the future but not yet actually taken and visible in the time sheets.

Available

This is the net value of the current value - the pending value. So the number of hours that can still be assigned considering what will be assigned in the future.

EXAMPLE: An employee was given 80 hours in their Vacation time bank and already has 24 hours of time off assigned in the schedule in two weeks. We then obtain a distribution like so:

Before their time off

  1. Current balance: 80h

  2. Pending balance: 24h

  3. Available balance: 56h

And once the time off passed

  1. Current balance: 56h

  2. Pending balance: 0h

  3. Available balance: 56h

Related Articles
Checking my Time Bank balance
Import my Time Bank balances
Manually adjusting the Time Bank balance
Managing Time Off Banks
Adjusting the Time Off Banks balance
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