When Leave Year End processing is done, what actions application takes to complete the process?

To complete the leave year end processing, the application performs the following actions based on your company policies:

1. Closes previous leave year and opens new leave year.
2. Carryforwards leave balance as an opening balance to the new leave year. 
3. Lapses extra leave balance.
4. Encashes leave automatically.
5. Leaves are granted for the new leave year.
6. Restrict employees to apply for leaves for the previous leave year.

Related Links:

• Product Update - To read the product updates related to leave year end, click here.
• Videos:
  • To watch the video on automatic leave year end process, click here.
  • To watch the video on manual leave year end process, click here.