Put simply, it is an Excel spreadsheet that keeps track of aspects including paid hours, vacation days, PTO allowance, and requested allowance. That way you always know how many days of PTO each employee has taken, and how many are still owed to them. You also need real-time visibility so that you can adjust shift patterns to ensure PTO doesn’t affect overall performance levels at your company. Plus, there are state and federal requirements in terms of timekeeping and recordkeeping.Īn Excel PTO tracker can be a great solution. Firstly, you need accurate data so that you can make adjustments to payroll where necessary. Keeping accurate records of employee time off can be a tedious task, especially if you have a high number of employees. That’s why it is essential to have the right tools or software solutions to make sure your data is reliable.
