Time Bank

General concept: Payroll preparation

In Cactusoft Construction, time banks are used to set aside the overtime that the employee has worked. Cactusoft Construction allows you to bank hours in certain circumstances only:

  • It must be half-time or double-time hours.

  • Certain collective agreements must allow time banks.

You can consult the banked hours of your employees in their employee file. You have a general overview of your employee's time bank. Also you can watch transactions made when hours are deposited and when hours are withdrawn.