Hi... I need to make full & final settlement for the employees resigned, can anyone post the format for the same please.. thanks ®ards, abhiman
From India, Bangalore
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Hi! Do u need a ful & final setlement declaration form. or any other thing. pls let me know so that i can help u for the same. wishes Amit Kumar
From India, Delhi
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Hi Amith,

I need the format for the calculation as well as the letter to be given to the employee. I would also like to know if there is any clause for a specific period to make the final settlement for a resigned employee.

Thanks,
abhiman

From India, Bangalore
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Hi Abhiman, Plz find the format for full and final setttlment. Regards, Rahul S
From India, Gandhinagar
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File Type: xls full_and_final_settlement_100.xls (18.5 KB, 862 views)

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Rahul,

Please help me to understand the calculation:

1. You have calculated basic/31*5. Is 5 the number of leaves to be encashed, or is it something else? (Actually, we should divide by 30 days for all calculations, not 31 days.)
2. The same goes for HRA.
3. For leave encashment, you have used the formula as basic/31*2.5. Please help me understand this.

Thanks & Regards,
Abhiman

From India, Bangalore
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