Skip to main content
All CollectionsPAYROLLDaily wage calculator
Leave encashment for End-of-service
Leave encashment for End-of-service
Manisha Chincholia avatar
Written by Manisha Chincholia
Updated over a year ago

Leave encashment affects the end-of-service calculation. With the Daily Wage Calculator, you can overwrite leave encashment policies under payroll configuration. You will be allowed to pick the salary components applicable to leave encashments:

  • Basic Only

  • Basic + Allowances

Super admins can define monthly calculation as:

  • Calendar days

  • Working days

  • Custom days

Super admins will also be able to see which of the eligible paid leave-type policies will be overwritten.

Setting leave types eligible Encashment in End of Service

Super admins can use the Daily Wage Calculator to configure individual leave types for end-of-service calculations.

You can access it by going to Configuration> Payroll > End of Service eligibility > Configure

Did this answer your question?