greytHR Help
Get Started with greytHR Admin Portal
Employee Lifecycle Management
Performance Management
Payroll Management
๐Ÿ“„ View employee payroll information summary at a gl
Payroll Management - Reports
Leave Management
Attendance Management
Leave and Attendance Management - Reports
Letter Management
Letter Management - Use Cases
Workflows
Workflows - Use Cases
Shift Management
Reports
Expense Claims
Assets Management
Integrations in greytHR
greytHR PRO
DataShare Hub
Statutory Compliance Reports - ESI, PF, Gratuity, Wages, LWF
General Settings
Employee Settings
Payroll Settings
Leave Settings
Attendance Settings
Helpdesk Settings
Know More About greytHR
Recruit
What's New on greytHR
greytHR Admin portalโ†’

Process employeeโ€™s resettlement

Updated inย July - 2024 |ย Subscribe to watch greytHR how-to video

Sometimes, after processing the full and final settlement process, you might need to rectify an employeeโ€™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 employeeโ€™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, click Payroll > Payroll Inputs > Resettlement.

You can perform the following actions on the Resettlement page:

  1. Process resettlement of an employee.

  2. Delete or download an employeeโ€™s resettlement details.

Process resettlement of an employee

To process the resettlement of an employee, perform the following actions:

  1. On the Resettlement page, click the Resettle Employee button. The form appears.

  2. 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.

  3. Under Resettlement Info, from the Resettlement date dropdown calendar, select the required date.

  4. Under the Reason text box, enter the reason for processing the resettlement.

  5. Click Save to process the resettlement for the selected employee.ย 

Delete or download an employeeโ€™s resettlement details

To delete or download an employeeโ€™s resettlement details, perform the following actions:

  1. On the Resettlement page, select the employee and click the Delete icon available next to the Remarks column. The Delete pop-up appears.

  2. Click Confirm to delete the employee details.

  3. 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.

Other related links:

Was this article helpful?


More resources:

โ–ถ Video - Watch ourย how-to videosย to learn more about greytHR.

โ“ FAQs - Solve your queries usingย FAQs.

๐Ÿ“ข Product Update - Read about theย product updates.