The PTO policy in TaxSlayer Payroll is where you will indicate the amount of Paid Time Off (PTO) an employee earns within a period. An employee can earn 8 hours per month or if they are on a biweekly pay period, they may earn 4 hours per pay period. Never the less, the employer will determine the PTO policy. Once the policy is established you can created it in TaxSlayer Payroll by following the steps below.

1-Select from the navigation bar “Settings”

2-Click on “Paid Time Off”

3-Click on the “Create New Policy”

4-On the drop down menu “New Time Off Policy” add a policy name and description

5-Under “Policy Details” select the “accrual policy” then the hours earned per the accrual policy

6-If there are carryovers on unused balance from year to year make sure to check the carryover box and indicate the Max hours to carryover

7-Click on update