How to Sell Back PTO for Cash Payment

How to Sell Back PTO for Cash Payment

Purpose: this guide will show how to submit hours for a cash payout of PTO. 
In calendar years when approved, an employee may be eligible to cash in (“sell back”) accrued vacation or PTO hours one time during each calendar year if the employee has been employed in a full-time and/or three-quarter time position for at least two years and the following conditions are met:

note: Oracle will not allow you to enter time if all 3 eligibility conditions are not met. If you are getting an error when attempting to enter, please check eligibility again. 

1. Log in to Oracle
2. Click on Me tab
3. Click on Time and Absences
4. Click on Cash Disbursements
5. Click on Add
6. In Disbursement Amount, Enter amount you wish to sell
7. Click on Submit