Dear Guru,
Plse advice me to configure Leave Encashment process :
At the end of Calnder year, for some emp leaves balance are there. Ex: 10 leaves are balance. ONLY ANNUAL LEAVE WILL BE ENCASHED. They can Carry forward these10 balance leaves for the next year. They can Carry forward these 5 balance leaves for the next year & for 5 leaves there will be Encashement process. There will be Encashmnet of 10 leaves. (BASIC + HOUSING) *12 )/ 245= 1 DAY RATE (TOTAL * 12) / 365 = 1 DAY RATE.Plse suggest the same.....
Regards,
Sharma