Last standard process date default

Hello all, Is there a way to change the last standard process date default value as noted in the user guide ? Below is the note from the user guide. "If the termination rule is Last Standard Process, entries to the element are not processed after the Last Standard Process date. The Last Standard Process date defaults to the last day of the pay period in which the employee is terminated, but you can set it to a later period when you terminate an employee. This is the appropriate rule for many recurring earnings types." Appreciate your suggestions. Thanks KK