Periodic Cap
The Periodic Cap forfeits balance above a ceiling at each period cut-off — for example trimming the flex balance back to 15 hours every quarter.
When to use
- “Use it or lose it” rules that reset the balance on a quarterly or yearly grid, rather than at every settlement.
- Where employees may build flex freely within a quarter but cannot carry a large balance across the cut-off.
For a ceiling enforced at every settlement, use the Balance Cap instead.
Parameters
| Setting | Meaning |
|---|---|
| Cap | Balance ceiling retained at each cut-off (for example 15h). Any surplus above this is forfeited. |
| Period Months | Length of each period in months. Must divide the year (1, 2, 3, 4, 6, or 12). |
| Year Start Month | The first month of a period — the cut-off grid origin. Quarterly + January means periods start Jan / Apr / Jul / Oct. |
How it works
The step runs after carry-forward, so the balance it inspects already includes this period’s delta. At each cut-off on the configured grid, any balance above the cap is forfeited; between cut-offs the balance is left untouched.