AristoTelos Academy

Fixed Balance Period with Mandatory Settlement

Fixed Balance Period with Mandatory Settlement

Use Case

Some organizations use fixed balance periods with clearly defined start and end dates (e.g. quarterly or yearly).

At the end of the fixed balance period, all positive balances must be settled, while negative balances are ignored or reset according to company rules.

Business Purpose

  • Ensures compliance with labor law and payroll rules
  • Prevents long-term accumulation of overtime
  • Provides predictable settlement cycles

System Behavior

  • Balances accumulate throughout the fixed period
  • At attendance closure of the final month:
    • All positive balances are automatically forced to payout
    • Negative balances are excluded from further calculations
Fixed Balance Period with Mandatory Settlement | AristoTelos Academy