Time tracking · 3 min
How the hours bank works at Vela
Balance per person, offset deadline and an alert before it expires.
In Time tracking › Hours bank, choose the type of agreement the company uses (individual, collective or monthly).
Vela calculates each person's balance and each hour's deadline.
The hours bank balance shows up in the period summary.Do it in the demo Hours about to expire trigger an alert for HR and the manager.
Hours that expire without being offset go into payroll as overtime.
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A fictitious help center, created for the portfolio. The screens mentioned exist in the product demo.