This tab is used to store information about the details of the end-of-service benefit available within this employment contract. The functionality of end-of-service benefit is available only if the Enable End-of-Service Benefit Calculation option is selected on the Administration > Settings > HR and Payroll form.
Before you fill out this tab, make sure that the benefit rates applicable to this employment contract are defined on the HR and Payroll > See Also > End-of-Service Benefit Rates form. For details, see End-of-Service Benefit Rates.
The "Employment contract (create)" form. The End-of-Service Benefit tab
In the Business Activity field, you can select the business activity to which this employment contract is related.
The Expense Item field is populated with the default expense item for this type of labor costs. If needed, you can replace it with another expense item. These parameters are used by the Month-End Closing service for generating journal entries which register the monthly expenses associated with the end-of-service benefit.