Scenario:
If we create a policy for ten years and run the report from the 1st year to 10th year then it will show the balance and accrual only for two years as of date.
Any Timeoff type will show the accrued time for two years as per the server date and time.
Example:
If the report is ran for Jan 1, 2013 on Jan 1, 2010, then it will pull the data only till Jan 1, 2012.