Leave Accrual balances at beginning of year question

Currently have a bit of a broken process and was wondering what the proper process was.

Most of our vacation is set to reward the full hours at the beginning of the year with carryover. We currently wait to run the accrual process until the last pay period of the year is run. This would be in the new year and could include the current and prior year, since we are bi-weekly. There are usually SQL fixes to ensure proper vacation and sick balances are correct for prior and current year.

I have been reading that we should run as of 1/1 of the new year.

Does anybody wait or do you run this 1st before running final pay period payrolls?

If you run it on the 1st, will the next payroll run and leave accrual run know where to put the hours into the correct balance buckets (prior and current year)? Or is going to dump all of the hours against the new year bucket?

I'd like to avoid SQL fixes and have the proper buckets updated. What do you do?

@Sean Durocher Great question! If you haven't, I'd suggest connecting with a member in the Payroll for North America SIG. (https://forum.questoraclecommunity.org/groups/payroll-for-north-america-sig)
Additionally, I am reaching out to a few of my contacts to see if we can get an answer for you.