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