Final Settlement Report - Ziac | Soft
Final Settlement Report
Steps to take final settlement report are:
1. Open ziacpay software and click on Master ( Employees, Select the employee and modify. Enter the date of resignation and date of leaving and notice period in days and save.
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2. Open ziacpay software and click on addins ( other reports ( Final settlement report
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3. Click on setup to set report format of final settlement report.
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4. Enter the report format in marked space an click on save button.
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5. Enter the month and year of final settlement and select the report type as Gratuity to take list of the employees who are having the gratuity
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6. Enter the eligibility in years for taking Gratuity
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7. Enter the no. Days of salary to be given as Gratuity
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8. Enter the no. Days payable in month days
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9. Click on Show Gratuity report to get fast printing or click on export excel to get report in excel format
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10. To get Settlement report, select report type as “Settlement”
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11. Click on Show Settlement report to get fast printing or click on export excel to get report in excel format
Calculations:
Years worked = leaving date – joined date
Gratuity = Basic Pay per day * no. Of Days
Gratuity payable = ((Basic Pay + D A)* no. Of Days * Years worked)/month days
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