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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