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How do you calculate accrued vacation pay?

Payroll Processing Accounting Accounts Payable Financial Accounting
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Question added by Abdul Qayyum Mohammed , Sales And Marketing Manager , Zafar Naji Al-Muthlaq Contracting Establishment
Date Posted: 2014/09/20
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Mohamed gani farook
by Mohamed gani farook , ACCOUNTANT , INSIGHTERS INSURANCE BROKERS LLC

As per the working period of the worker based on uae law less than1 year2 days per month more than1 year2.5 days permonth.

 

Safeer Koyithan Kandy
by Safeer Koyithan Kandy , General Accountant , Hala Trading

As per UAE Labour Rule Leave salary can be calculate as follows

(Net Salary/30*2.5)*his working period

Example:- (15000/30*2.5)*12 months

=15000.00

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