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About Leave Encashment
Summary
About Leave Encashment queryContent
Hi All,
One of my clients requirement is that employee's can use their Privilege leave balance to encash. But they don't use Payroll and Payroll Interface. Also, they have created Absence Plan Privilege leave -Accrual Definition with Formula not with Matrix.
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Requirement:
Auto-Encashment-- Privilege Leave can be accumulated to a maximum of 72 days as on 31st December and the excess days over and above 72 will be auto encashed after considering the mandatory consumption of 6 days of Privilege Leave.
During the course of the year the balance can exceed 72 days.
Limit of Encashment Days-- Minimum 12 days and Maximum 24 days, subject to minimum PL balance of 12 days post encashment.
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