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FNF Settlement Guidelines and Ways To Reach Finance: Computation As Per Input F&F Calculation Parameters

This document outlines the full and final settlement guidelines at Accenture, including: 1) The full and final payslip is calculated based on inputs from HR, expenses, and recoveries. It includes notice pay, leave encashment, tax deductions, and more. 2) The exgratia/CTC sheet shows components of the individual's total compensation until their last working day like prorated salary, benefits paid, excess leave salary, and any exgratia amount. 3) The tax computation sheet details income earned and taxes deducted for the current financial year until last working day. 4) Contact information and subject lines are provided for different queries about the full and final settlement process

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VivekMedaramitla
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0% found this document useful (0 votes)
813 views1 page

FNF Settlement Guidelines and Ways To Reach Finance: Computation As Per Input F&F Calculation Parameters

This document outlines the full and final settlement guidelines at Accenture, including: 1) The full and final payslip is calculated based on inputs from HR, expenses, and recoveries. It includes notice pay, leave encashment, tax deductions, and more. 2) The exgratia/CTC sheet shows components of the individual's total compensation until their last working day like prorated salary, benefits paid, excess leave salary, and any exgratia amount. 3) The tax computation sheet details income earned and taxes deducted for the current financial year until last working day. 4) Contact information and subject lines are provided for different queries about the full and final settlement process

Uploaded by

VivekMedaramitla
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FnF Settlement Guidelines and Ways to reach Finance

Full & Final Settlement comprises of 3 different Sheets; they are –


a) F& F Payslip: b) Exgratia/CTC Worksheet: c) Tax Computation

a) F&F Payslip:
This will reflect how Full & Final settlement had been computed based on the input received from various stakeholders and Its Calculation
Computation as per Input F&F Calculation Parameters
Stake Input Source Particulars Remarks
Holders
HR Rep Exceptional Payouts other than Fixed Pay Work Days Based on LWD , LOP And MTR
components & LOP
MYTE Missing Time Report & Business Expenses Notice Pay / Annual Fixed Pay/365 * no of days to be paid
Team Claim Recovery or recover
F& S Team ID Card Recovery Leave Encashment Fixed Pay/Annual Std Hours# x Hour Accumulated*
DCN Team IT Assets Recovery Taxation/Statutory As per IT /PF/ESI/PT Acts
Deduction
#Std Hours 2340 for IDC & BPO and 2080 for ICF & IDB - * Max Hours for Leave Enc 270 for IDC & BPO and 240 for ICF &IDB

b) Exgratia/CTC Sheet : CTC sheet can be reviewed as per the following components

Particulars Remarks
T1-Prorated TFP Prorated Fixed Pay from DOJ or 1st April whichever is later till LWD
Less:
T2-Salary Paid Salary Paid from DOJ or 1st April whichever is later till LWD
T3-Reimbursements Paid Reimbursements Paid Form DOJ or 1st April whichever is later till LWD
T4- Benefits (Meal vouchers, Car Lease etc) Benefits paid from DOJ or 1st April whichever is later till LWD
T5- Excess Leave Salary(LOP) Excess Salary Paid due to LOP or MTR From DOJ or 1st April whichever is later till LWD
T6- Salary Adjustment for Last FY LOP Last Financial Year Excess Salary paid if any
Exgratia Excess or Recovery will reflect in F&F Payslip

c) Tax Computation Sheet:

The statement reflects the details of income earned and the tax deducted from your income for current financial year till LWD.

d) How to reach IFC: While writing to IFC, please mention the proper subject line with your 8 digit SAP code (EC) for respective queries.

Query Subject line With EMP code (EC) Acronyms


F&F Calculation Full& Final Settlement EC * Annexure :MTR – Missing Time report,
MYTE (VL,SL and Claim) MYTE Query_EC * LWD – Last Working Day,
Sodexo Sodexo query_EC * LOP – Loss of Pay,
IT – Income Tax , PF – Provident Fund,
Gratuity Gratuity Query_EC *
PT – Professional Tax, ESI – Employee state
PF withdrawal/Transfer/Status PF Query_EC *
Insurance and
Notice Recovery Letter Full & Final query_EC_Comm Address *
Other deduction LOA – PF adjustment.
F&F Amount not credited Full Amount_Credit *
Relieving /Experience Letter RL_EC India.HRSSC.Exit@accenture.com
* Please mail @ payroll.settlements@accenture.com

As part of a reorganization exercise, Accenture Services Private Limited has been merged into Accenture
Solutions Private Limited with effect from 1 December 2016 basis the Court Order dated 20 October
2016. Post the merger, the existing entity is Accenture Solutions Private Limited

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