A holiday credit is typically applied when there are fixed Weekly or Monthly rates and a holiday is there in the billing period. For example, you have a Weekly rate of $200 and this is the first full week of September, which has the Labor Day holiday. Now, for that week you have to give a credit of $40 to all accounts that were billed $200.

This credit will also be required if you have a Daily rate based on scheduled days and children have an ongoing schedule that includes Monday.

However, if you have Daily or Hourly rate based on the attendance, then you will not need this credit. In this case, the Labor Day holiday would not have billed because no children would have checked in.

Click here for video showing how to run the holiday credit.