How to Encash pending leaves

How to Encash pending leaves


Leave encashment refers to an amount of money received in exchange for a period of leave not availed by an employee. Encashment of accumulated leave can be availed by an employee at the end of the year. To Encash the leaves, follow the given steps: Step 01: Go to the “Leave” module and select the "Transfer" from the drop-down list.

                

Step 02: Select the “LeaveEncash” tab.

               

Step 03: Select the "Employee Group". Enter the number of leaves to encash, select year, month, transfer date, and click the "Go" button.


         


Step 04: The system prompts with the given page. Enter the amount and click the "Save" button to save the changes.
     
                




Product Version: SMEPayrollTM Version 11

    • Related Articles

    • How to Approve or Reject pending applied leaves

      HR, Super Admin, or any other user group with appropriate rights can proceed for this, by following the given steps: Step 01: Go to the “Leave” module and select the ”Approval”. Step 02: The system will prompt to the given page. Select the “Employee ...
    • How to Rollback Leaves

      How to Rollback Leaves? In Leave, rollback means users can push back the annual leaves in the previous year that are transferred to next year.To rollback leaves follow the given steps: Step 01: Under the “Leave” module, select "Leave Rollback". Step ...
    • How to manage leave encash assignment

      To manage leave encash assignment to multiple employees follow the given steps: Step 01: Go to the “Payroll” module and select the "Encashment" from the drop-down list. Step 02: The system will prompt to the given page. Select the “Encash Type” and ...
    • How to Encash Leave by Termination

      Encashment of accumulated leave can be availed by an employee at the time Termination/Resignation of the job. Follow the given steps to encash leave by termination: Step 01: Under the “Leave” module, select the "Transfer" from the drop-down list. ...
    • How to check remaining leaves

      To check the balance leaves follow the given steps: Step 01: Go to the “Leave” Module and select the “Request” from the drop-down list. Step 02: The system will prompt to the given page. Select the “Apply Leave” year and “Employee” name from the ...