Sometimes, after processing the full and final settlement process, you might need to rectify an employee’s settlement amount due to an error. The purpose of rectifying an employee's settlement amount due to an error is to ensure that the employee is paid the correct amount that they are entitled to receive upon termination of their employment. Errors in settlement amounts can occur due to various reasons such as mistakes in calculations, incorrect data entry, or misinterpretation of company policies and regulations.

The Resettlement page in the greytHR Admin portal helps you to correct an employee’s settlement amount. You can recalculate the amount on the Salary page. The page also displays a list of employees for whom you have processed the full and final settlement.

To view the Resettlement page, from the greytHR Admin portal, hover over the 9 dots and go to Payroll > Payroll Inputs > Resettlement.

You can perform the following actions on the Resettlement page:

Process resettlement of an employee.
Delete or download an employee’s resettlement details.

Process resettlement of an employee

To process the resettlement of an employee, from the greytHR Admin portal, hover over the 9 dots and go to Payroll > Payroll Inputs > Resettlement.

On the Resettlement page, click the Resettle Employee button. The form appears.
From the Settled Employee(s) dropdown search box, search for the employee for whom you want to process resettlement. The Settlement Info detail gets auto-populated.
Under Resettlement Info, from the Resettlement date dropdown calendar, select the required date.
Under the Reason text box, enter the reason for processing the resettlement.
Click Save to process the resettlement for the selected employee.

Delete or download an employee’s resettlement details

To delete or download an employee’s resettlement details, from the greytHR Admin portal, hover over the 9 dots and go to Payroll > Payroll Inputs > Resettlement.

On the Resettlement page, select the employee and click the Delete icon available next to the Remarks column. The Delete pop-up appears.
Click Confirm to delete the employee details.
You can click the Download icon to download the details of the selected employee.

Note: You can click the Edit icon to view the employee details. The form appears with the details of an employee. You can also download the report from this page by clicking the Preview Settlement Payslip button.

Frequently Asked Questions

What is resettlement?

Resettlement allows to correct an employee’s Full and Final (FnF) settlement after it has already been processed, in case of errors in calculation or data.

When should resettlement be used?

Resettlement should be used when there is a need to rectify settlement errors such as incorrect salary components, missed deductions, or calculation mistakes identified after FnF processing.

Can I process resettlement for any employee?

You can process resettlement only for employees whose Full and Final settlement has already been completed and is listed on the Resettlement page.

Does resettlement recalculate the settlement amount automatically?

Yes. During resettlement, you can recalculate the settlement amount on the Salary page to ensure the correct payable amount is generated.

Can I delete a resettlement entry after processing it?

Yes. You can delete a resettlement entry using the Delete icon available next to the employee’s record on the Resettlement page.

Can I download resettlement details for an employee?

Yes. You can download the resettlement details using the Download icon available on the Resettlement page.

Can I view or edit resettlement details after saving?

You can view the resettlement details by clicking the Edit icon. Editing may be restricted based on system rules once the resettlement is processed.

Is it possible to download the resettlement payslip?

Yes. You can download the settlement payslip by clicking the Preview Settlement Payslip button from the employee’s resettlement details page.

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