The standard annual holiday year process follows the below step by step instructions:
Step 1: Change the holiday year start to the new holiday year.
Step 2: Revise the holiday allowances to populate this year and next year’s holiday allocations.
Step 3: Allocate any additional holiday allowances (such as long service days)
Step 4: Carry over any unused holidays if it is company policy to do so. You can cap the holidays carried over if required.
You may also want to operate the buying and selling of holidays. See below for details.