How to configure exit payroll or F&F Settlement in India Payroll
Hi Experts,
We are working on the Oracle Fusion Cloud Payroll – Full and Final (F&F) Settlement process and would like guidance on handling the following business scenario.
Current Process:
As part of the F&F process, when an employee leaves the organization, the employee is eligible for the following components:
- PL (Privilege Leave) Encashment
- Gratuity
- Income Tax
Currently, we would like to understand how these components can be handled as part of the employee's F&F settlement.
Business Scenario:
For an employee undergoing F&F settlement:
- PL Encashment needs to be calculated and paid.
- Gratuity needs to be calculated and paid based on the employee's eligibility.
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