5 - Annual Leave Balance Encashment

5 - Annual Leave Balance Encashment

Payroll-> Leave-> Annual Leave Balance Encashment screen:

a.      Used for Selling/Deducting days from employee annual leave balance.

b.      After selecting the Employee, the first uncalculated Salary Month will be displayed as default.

c.       Transactions cannot be modified in the Final Calculation  salary month.

d.      After selecting Employee, leave balance will be displayed based on Balance As Of Date field.

e.      Enter Requested Days then click Calculate… a table will be displayed below showing encashment amounts.

f.       Based on Annual Leave And Working Days Policy, encashment amount will be for basic salary only or basic salary and allowances (included during annual leave).

g.      Amounts in the table can be changed (or it can be zero if the reason of current transaction is days’ deduction from employee leave balance).

h.      Payment Salary Month: amount will be added to salary month entered. If the amount already settled, select Paid option and enter Payment Date.




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