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๐Ÿ‡ฑ๐Ÿ‡ฐ SOEA STATUTORY LEAVE COMMUTATION

Sri Lanka Leave Encashment Calculator

Compute statutory monetary cash commutation for unutilized annual leave upon resignation, retirement, or termination under Sri Lanka's Shop & Office Employees Act.

Salary & Accrued Leave

LKR

Contractual base salary drawn at time of cessation

LKR

Determines the daily wage rate: Remuneration รท Divisor

Unused annual leave from previous calendar year (max 14)

For calculating proportionate current year leave

Encashment Payout Breakdown

Total Cash Commutation Entitlement
LKR 85,385

Payable in full on final settlement slip

Daily Wage Rate (Base รท Divisor) LKR 5,961.54 / day
Previous Year Unutilized Annual Leave 8.0 Days
Current Year Prorated Accrued Leave 9.33 Days
Current Year Leave Already Consumed - 3.0 Days
Net Encashed Leave Balance 14.33 Days
Previous Year Leave Encashment LKR 47,692
Current Year Prorata Encashment LKR 37,692

Statutory Leave Entitlements in Sri Lanka

Under the Shop and Office Employees Act, full-time employees are entitled to three distinct categories of paid leave:

Leave Category Statutory Entitlement Encashable on Exit? Carry Forward Rules
Annual (Earned) Leave 14 days per calendar year YES (Mandatory by Law) Carried forward to following year or encashed
Casual Leave 7 days per calendar year NO (Lapses) Lapses automatically on December 31st
Full Moon Poya / Mercantile 8-9 Mercantile days + 12 Poya days Compensatory day off if worked Must be granted within relevant calendar year

Annual Leave in the First Year of Service

  • Completed service starting between January 1 & March 31: 14 days in next year.
  • Completed service starting between April 1 & June 30: 10 days in next year.
  • Completed service starting between July 1 & September 30: 7 days in next year.
  • Completed service starting between October 1 & December 31: 4 days in next year.

๐Ÿ“Š Sri Lankan Statutory Comparative Matrix (IRD, CBSL & Legal Breakdown)

Statutory Heading / Obligation Calculated Amount
Primary Settlement / Net Amount LKR 0.00
MS

Engr. Muhammad Shahzad

Principal Financial Systems Architect & Sri Lankan Statutory Compliance Specialist

Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.

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