How to change the full & final settlement month

To complete the full and final settlement process for an employee, it is essential to account for the time required for clearance, which typically takes 30-45 days after their last working day. In Keka, the employer can select the final settlement month during the FnF process so that the system can calculate it accordingly. This ensures that the settlement process happens smoothly, even with the delay caused by clearance.

Steps to Change the F&F Settlement Month

1. Click on the Org tab.

2. Select Exits.

3. Go to the Exit Process tab.

4. Under Exits in Progress, find the employee whose F&F Settlement needs to be changed.

5. Under the Actions column, click Manage.

   

6. In the next window, open the Finances tab.

7. Click on Review & Finalize.

   

8. In the Finalize step, locate the Payable Summary section.

9. Click on Manage next to it.

   

10. Adjust the Settlement Date as required.

11. Click Save to apply the changes.