A leave year is the period beginning with the first day of the first complete pay period in a calendar year and ending with the day immediately before the first day of the first complete pay period in the following calendar year.
Steps for creating leave year:
1. To create leave year, click Leave & Attendance in Settings section and select “Leave Year”
Leave & Attendance > Leave Year
2. Click Create and Select the month from which you want your leave year to start
4. Click “Save” and the leave year for your organization gets created as depicted in the screenshot below