To complete the leave year end processing, the application performs the following actions based on your company policies:
- Closes previous leave year and opens new leave year.
- Carryforwards leave balance as an opening balance to the new leave year.
- Lapses extra leave balance.
- Encashes leave automatically.
- Leaves are granted for the new leave year.
- 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.