Convert unused leave into payment using each leave type's configured rate per day, with offboarding posting the settlement amount into payroll rather than a spreadsheet.
Balance settlement
Choose a view to see how this module keeps daily HR work structured and reviewable.
Each leave type declares whether it can be encashed and at what rate per day, so annual and casual leave can differ.
Values remain traceable in HRM.Days and the policy rate produce the amount — nothing is assembled in a spreadsheet.
Every employee is settled on the same rules, which removes case-by-case negotiation.
Unused leave is picked up automatically as part of final settlement.
Only leave categories you mark encashable can be converted, and encashment is refused when the rate per day is unset or zero.
Encashed days show as their own column in the leave balance.
Encashment is recorded against the employee's leave history.
Convert unused leave into payment using each leave type's configured rate per day, with offboarding posting the settlement amount into payroll rather than a spreadsheet.
Leave types carry their own rules, so only the categories you allow can be converted to cash.
The payable amount is the encashed days multiplied by the leave type's configured rate per day — salary is not part of the formula, and HR chooses the days against the live balance.
During final settlement, the encashment total posts to payroll as a single non-taxable addition; standalone encashment updates the leave ledger itself.
Convert unused leave into payment using each leave type's configured rate per day, with offboarding posting the settlement amount into payroll rather than a spreadsheet.
Shared context keeps this workflow aligned with leave balances records.
ConnectedShared context keeps this workflow aligned with leave policies records.
ConnectedShared context keeps this workflow aligned with payroll records.
ConnectedShared context keeps this workflow aligned with final settlement records.
ConnectedShared context keeps this workflow aligned with offboarding records.
ConnectedNo. Encashment is set per leave type, so you decide which categories qualify — and a type without a rate per day cannot be encashed.
Encashed days multiplied by the leave type's configured rate per day. Salary is not an input.
Remaining encashable balance is valued and posted to final settlement as a single non-taxable payroll addition.
Map your current workflow to the right HRM setup, permissions and rollout plan.