Updated in November- 2023 | Subscribe to watch greytHR how-to video
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, click 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.
To process the resettlement of an employee, perform the following actions:
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.
To delete or download an employee’s resettlement details, perform the following actions:
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.
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