The Hourly or Eligibility Calendar needs to be defined with at least a 12 month calendar as it provides support to the Eligible Date field.
Please define your company's payroll calendar. Below is an example of a calendar that has been setup and "Enabled".
Technical Note:
A SQL query could be run to fill out this calendar:
Select * from {CompanyDB}.dbo.sy40100 where series=0 and Year1=@Year