Overtime can be converted to comp time within our system. While the overtime and double time for each user can be added to any of the user’s accruals banks, you might want to set up a special Comp Time accruals category to keep them separate. You can do this from the Company Settings. Just click the Hourly tab and change one of the custom accrual labels that you are not using.
Access the Comp Time Converter under Tools
First, select the pay period you want to work with. The Comp Time Converter will load with the users from that report and all of their overtime and double time hours.
Clicking the plus button adds all the available overtime to the accruals bank but, if you prefer, you can add it manually to more than one accrual category. Once you have added all the time available for a category, the plus buttons will disappear and a minus sign will appear. This allows you to easily undo the action.
To add the double time hours, select the double time category and click the plus button.
Once you have added all of the available hours, the total applied and the total available columns should match. If you exceeded the amount available, the system will warn you by highlighting the Total Applied column in pink. You can then adjust the down so that they match.
Once you’re finished, click Save and you will see in your user’s Stats and Logs box the adjusted totals. You can always view the history of the changes you make to accrual values here.