Close employee payroll with every balance accounted for.
Calculate the final payable amount during offboarding by combining eligible leave encashment, retirement or fund balances, gratuity-style amounts, outstanding loans and final payroll adjustments.
Final Settlement
01Start separationFinal Settlement process stepActive
02Review clearanceFinal Settlement process stepActive
03Calculate settlementFinal Settlement process stepActive
Final Settlement workflows that stay connected.
Calculate the final payable amount during offboarding by combining eligible leave encashment, retirement or fund balances, gratuity-style amounts, outstanding loans and final payroll adjustments.
Clearance inputs
Offboarding checks assets, loans, funds and other obligations before settlement.
Payable calculation
Eligible leave, fund balances and gratuity-style values can increase final pay.
Recovery calculation
Outstanding loans or deductions reduce final payable amount and can create payroll adjustment records.
Final Settlement work stays structured from setup to review.
Calculate the final payable amount during offboarding by combining eligible leave encashment, retirement or fund balances, gratuity-style amounts, outstanding loans and final payroll adjustments.
- Start separation
- Review clearance
- Calculate settlement
- Approve final amount
Final Settlement controls keep records clean and traceable.
Choose a view to see how this module keeps daily HR work structured and reviewable.
Employee
The final settlement starts from a specific employee separation record.
Values remain traceable in HRM.Details that make final settlement dependable.
Separation-linked calculation
Final settlement belongs to an employee offboarding record.
Leave encashment
Unused eligible leave can be valued according to policy.
Outstanding loan recovery
Open loan balances can reduce final payable.
Fund balance handling
Employee fund balances can be withdrawn, transferred or forfeited according to company policy.
Payroll adjustment fit
Negative or positive settlement values can be reflected in payroll adjustments.
Exit document support
Settlement can sit alongside experience letters and clearance history.
Final Settlement works with the rest of HRM.
Offboarding
Shared context keeps this workflow aligned with offboarding records.
ConnectedLeave Balances
Shared context keeps this workflow aligned with leave balances records.
ConnectedLoans
Shared context keeps this workflow aligned with loans records.
ConnectedPayroll Adjustments
Shared context keeps this workflow aligned with payroll adjustments records.
ConnectedHR Letters
Shared context keeps this workflow aligned with hr letters records.
ConnectedWhat HR teams usually ask about final settlement.
Leave balances, fund balances, outstanding loans, deductions and the separation record.
If deductions exceed payable amounts, the system can create a recovery-style payroll adjustment.
No. It is the payroll calculation inside the offboarding process.
See how final settlement fits your HR operation.
Map your current workflow to the right HRM setup, permissions and rollout plan.