How to change Leave Encashment tax exemption amount for exit employees during Fnf?

Leave Encashment is the amount of money received by an employee in exchange for the leaves not utilized from the paid leaves provided by an organization in a year. As per the labor law, every salaried person receives a particular number of paid leaves from an organization. The quantity of paid leaves is decided by the employer. Many organizations also offer a facility to carry forward the paid leaves in case not utilized in a single year due to which an employee has an unutilized leave balance in his leave quota at the time of resignation or retirement from the company. The employer has to compensate the unutilized paid leave of the employee, this compensation is known as Leave Encashment. 

Below is the path to change the Leave Encashment tax exemption amount for exit employees during FnF-

Go to the Org (1) section of the Keka Portal and click on Exits (2). Then go to the Full & Final (3) tab.  

Once you reach the Full & Final tab, in the finalized tab search for the employee name to whom you want to change the tax exemption for the leaves that need to be encashed. Click on the 3 dots(1) under the actions tab beside the name of the employee and select Update (2) from the dropdown. 

Once you click on Update, you'll be redirected to the below-attached screenshot where there are a total of 5 steps. Go to the 3rd Step i.e., Payables and scroll down to Leave Encashment, and go to the Tax on Leave Encashment section (1) and update the amount. 

Once the amount is updated, click on Save & Continue (2) and complete the remaining 2 steps till Finalize.

This is how you can change the Leave Encashment tax exemption amount for exit employees during Fnf.