There are three types of settlements during FFS and each has got its own importance. The details are as under:

 

Pay Block

If the salary should be kept HOLD for an Employee, then this process needs to be selected.

Then that Employee will be reflected at the bottom of the Salary Register under “Pay Block” head.

And the Bank advice would not fetch resigned employees’ name.

While processing FFS, the Withheld amount would also be paid.

For example, an Employee has tendered Resignation in June and last working date is in Sept month and the Employer does not want to clear this as of now, then this option should be selected.

While processing FFS, then the unpaid amount of Jun, Jul, Aug would be paid as “Withheld” amount along with Sept month salary; same can be seen in FFS report

 

Note: If employee is marked as resigned after last working date then selected employees’ payroll data will get deleted from the resignation month till last working month. Here it happens only ifAllow pay data to be deleted on settlement option is selected under Payroll Settings >> Configure Rules >> Setup Rules


Stop Pay Process

By opting this, Salary would not get calculated from the Resignation month to Last Working Month.

During FFS process, that amount would reflect as Arrears/Recovery and paid out for Resignee.

Then that Employee will be reflected at the bottom of the Salary Register under “Stop Pay Process” head.

For example, assume an Employee has tendered Resignation in June month and Last Working Date falls in July month.

If this process type is selected then, nothing would be paid out to this Employee for June & July months’, when FFS process is done then June & July salary will be paid out as Arrears/Recovery.

 

Note: If employee is marked as resigned after last working date then selected employees’ payroll data will get deleted from the resignation month till last working month

 

Current Month FFS

When the Resigned date and LWD are both in the same month, then this process needs to be selected.

Then that Employee will be reflected at the bottom of the Salary Register under “Current Month FFS” head.

And the Bank advice would duly reflect his or her name.

For example, if an Employee has tendered Resignation on 8th of a month and the LWD is on 23rd of the same month, then this type should be selected.

 

Note: If resignation date & last working date are of different months’ then selected employees’ payroll data will get deleted from the resignation month till last working month

 

We recommend adding employees as resigned immediately when Resignation is submitted.