Glossary
Leave Year
The 12-month period over which leave entitlement is accrued, used, and reset.
A leave year (or holiday year) is the fixed 12-month window an employer uses to grant and reset leave entitlement. It can follow the calendar year, the fiscal year, or each employee's start date.
The leave year defines when balances reset and when carryover rules apply — for example, how much unused leave may roll into the next year.
Example: A January-to-December leave year resets everyone's allowance on 1 January.
In Orvella: Orvella computes accruals and carryover against your configured leave year automatically.