Formula and Explanation
Accrued PTO = Annual PTO / Pay periods x Completed periods
This calculator applies the formula Accrued PTO = Annual PTO / Pay periods x Completed periods. Enter each value with the matching unit, and AZCalculate updates the result instantly.
Variable descriptions
- annualPto(hours)
- Annual PTO allowance: Annual PTO allowance measured in hours, entered as a known value.
- payPeriods
- Pay periods per year: Pay periods per year, entered as a known value.
- completedPeriods
- Completed pay periods: Completed pay periods, entered as a known value.
- usedPto(hours)
- PTO used: PTO used measured in hours, entered as a known value.
- hourlyRate($/hr)
- Hourly rate: Hourly rate measured in $/hr, entered as a known value.
