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How can I process leave encashment for a settled employee?

Product Content Team
  • Updated

To process leave encashment for a settled employee, perform the following actions:

  1. Navigate to Payroll > Payroll Inputs > Final Settlement. The Final Settlement page opens.
  2. Click Settle Employee. The Settlement form appears.
  3. In Step 1: Employee section, you can either choose from the list of separated employees or search for the employee, for whom you want to process the resignation details.
  4. Click Next. Step 2: Resignation Details form appears.
  5. From the Resignation Submitted On dropdown calendar, select the date of employee's resignation.
  6. From the Leaving Date dropdown calendar, select the employee's last working day.
  7. From the Leaving Reason dropdown list, select the appropriate reason for the employee's resignation.
  8. From the Settlement Date dropdown calendar, select the date on which full and final settlement is done for the employee.
  9. Click Next. Step 3: Notice Pay form appears.
  10. Select the option Notice Required.
  11. In the Notice Period text box, enter the number of days which the employee should serve as the notice period.
  12. In the Excess in Notice text box, enter the additional number of days which employee has spent above notice period.
  13. Click Next. Step 4: Work Days form appears.
  14. Under the Days Worked column, enter the number of days the employee has worked in the last payroll month.
  15. Click Next. Step 5: Leave Encashment form appears.
  16. Under the Encash column, enter the number of days for each leave type.
  17. Click Next. Step 6: Remarks form appears.
  18. In the Remarks description box, enter remarks, if any.
  19. Click Finish. The Settlement page appears displaying the leave encashment details.

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