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End of Service (Termination) Settelment

Could you please advise is there is a way to automate termination of an employee to include below:

  1. End of Service encashment (Calculated based on service years)
  2. Leave Balances Encashment (Eliminate the balance and post encashment element ) What I am doing amount is terminating employee then post End on service encashment manually, then adjust leave balance manually.

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