Time Management – Terms

1.  Day Balance   – It is the balance days to be entitled from his quota. 
2.  Period Balance  – It is the balance period from the actual accrual period 
3.  Accrual Period  – Accrual period is the actual period for the Absence quota, may be your financial year or calendar year
4.  Time evaluation period  – Time evaluation period is the period in which you are going to run thetime evaluation
5.  Payroll period  – Payroll period is the actual period to run the payroll. (Eg: 01.10.2006 to 31.10.2006)
6.  Other period  – can be select if you need your absence quota period other than these periods, you can mention your own period

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