Full & Final Settlement Calculator
Create guidelines to maintain transparency while computing final dues to an employee who is exiting the company.
The process of exit clearance helps the company and the exiting employee to obtain a clarity on what is due from each other at the time of exit. Before using this calculator, HR / Finance must ensure that some critical data is obtained in order to compute the F&F and to avoid any rework.
This data capture template is available for download in Excel format.
With this Full & Final Settlement Calculator template you can:
- Last day of work for computing salary payment
- Number of days leaves to be encashed (if any)
- Any other monetary payments or dues to or from employee
In just a few minutes you will be able to create full & final settlement calculator. This template covers vital information like:
- Number of days salary still to be paid
- Any eligible leave encashments/Gratuity payments to be cleared
- Any bonus/incentive payments to be made
- Any financial advances etc to be recovered
- Any payments or deductions for different causes to be included
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Disclaimer
This template is meant to provide general guidelines and should be used as a reference. This is not a legal document. greytHR will not assume any legal liability that may arise from the use of this template.
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