HR, Payroll, Attendance Software › Forums › Lenvica HRMS › Ask a Question › Is it possible to make the current Earned Leave balances appear in Payslips? › Reply To: Is it possible to make the current Earned Leave balances appear in Payslips?
Hi,
Lenvica HRMS can perfectly meet to your requirements. You can encash earned leaves through Lenvica HRMS payroll software itself. The amount to be encashed will reflect in the payslip under the salary head called ‘Leave Encashment’. The count of earned leaves encashed will be deducted from the leave balances. Further, it is also possible to carry forward the earned leaves left after encashing or else they can be discarded too.
Leave Encashment option is available under Leave module in the payroll software. In your case, you must first define the earned leave encashment policy under the screen ‘Leave Encashment Policy’. You must define here the maximum count of earned leaves that can be encashed, the amount or formula to deduce the amount that must be paid for each day of leave encashed. Once you have defined the policy, you can click on Leave Encashment under the Leave module. You can follow the wizard instructions to sucessfully encash leaves for employees. Once the leaves are encashed and approved, you can process payslip for the period and the earned leave encashed value will dispay in the payslip. Ensure that the salary head called ‘Leave Encashment’ is added in the salary group.
Second requirement of carry forwarding the earned leaves using the payroll software can also be done. You can define the leave carry forward policy under Leave module. Here you specify the maximum count of earned leaves that can be carry forwarded to the year succeeding. You can then access the wizard under Leave carry forward screen and the earned leaves will be carried forward. If there is still earned leave balances then those will be discarded. The page link below will explain how to carry forward leaves in Lenvica HRMS payroll software.