video1.0<iframe src="https://www.loom.com/embed/f979fd13f81548d5bf62a426b0acb7fa" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/f979fd13f81548d5bf62a426b0acb7fa-e8337e401858d345.gif224.92In this video, I want to guide you through the process of cutting over holiday balances to ensure that holidays begin accruing in the new holiday year. If your holiday year ends on January 31st, you can cut over holiday balances for all employees from January 1st, but only after you’ve paid the final payroll week that includes the January 1st balance. This step is crucial as it allows Alchemy to accurately calculate the final holiday entitlement up to December 31st based on paid hours. Please make sure to complete this action to ensure everything is set for the new year.