Cash Out the Leave Encashment Privilege
Leave encashment is another leave privilege given by the company. It is an amount of money obtained in exchange for a period of leave not availed by an employee. Generally, the leave encashment is availed to an employee at the period of retirement.
Before availing of the leave encashment, the number of days allowed b=must be entered in the Carbonate HR as well as allowing the feature. Below are the user guides for your reference.
On the General tab of the Staff details, scroll down to the Leave balance.
To view the encashed leave and the leave dates, click the leave type.
Those leave types with Encash remarks is allowed for encashment. Click the Encash button.
Input the number of days for leave encashment.
Then, a prompt “encashment applied successfully and accepted as compensation” will appear.
You should now see the balance ”0” upon receiving the notification.
You can generate payroll and view the payslip for that user to check if the leave encashment is reflected.