A3.73 : What is the function of Encashment column at leave cutoff in Year End Process?
Question : What is the function of Encashment column at leave cutoff in Year End Process?
Answer :
Those un-utilized leave (maximum number of days) can be converted into cash, it will be calculated as paid leave in next year January payroll process.
1. For example, Employee E-0001 is given 2 days of AL encashment.
2. After completed year end, in January 2021 payroll process, the 2 days of encashment leave will be reflected at paid leave column.
--Source from AutoCount Wiki --
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