ERPNext HR
What is Full & Final Settlement in ERPNext?
- Full & Final Settlement in ERPNext
- Full & Final Settlement in ERPNext calculates an exiting employee's dues including unpaid salary, leave encashment, gratuity, and deductions.
What is F&F Settlement?
When an employee resigns or is terminated, Full & Final Settlement ensures all pending dues are calculated and paid, and all recoveries (loans, advances) are deducted before the last payment.
Components
F&F includes salary for the worked days, leave encashment for unused leaves, gratuity (if eligible), notice pay recovery or pay-out, and pending expense claims.
ERPNext Workflow
ERPNext's Exit Interview and Employee Separation doctypes feed into the F&F calculation, ensuring no component is missed and the settlement is properly documented.
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