Key Features:
- Enhanced Leave Policy Options
- Added “Encashment” and “Allow carry forward and encashment” options to unused leave settings.
- Automated Leave Encashment
- Automatically calculates leave encashment during employee resignation and year-end leave processing.
- Provides flexibility to select the payroll month and period for encashment payments.
- Year-End Leave Processing
- Allows for manual adjustment of leave days to be encashed or carried forward at the end of the leave year period.
- Payroll Integration
- Automatically syncs the number of days encashed to the payroll process, eliminating manual data entry.
- Improved Leave Reporting
- Includes a “Days Encashed” column in the leave report for easier analysis.
- User-Friendly Interface
- Provides a tooltip explaining the leave balance calculation formula for better understanding.
Getting started:
- Log in to your HReasilyPro account.
- Navigate to the Leave module.
- Set up your company’s leave policy, including encashment options.
- Process leave encashment during employee resignations or year-end leave finalization.
- Get the benefit from the automated sync of leave encashment data to payroll.
Secure a demo appointment with us to uncover the full potential of these updates and how HReasilyPro aligns with your business goals. Request a demo today.
