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Employee Exit Settlement Guide

This document provides information about Accenture's full and final settlement process, including: 1) It comprises of 3 sheets - F&F payslip, ex-gratia/CTC worksheet, and tax computation sheet. 2) The F&F payslip reflects the calculation of the full and final settlement based on inputs from HR, expenses, leaves, etc. 3) The ex-gratia/CTC sheet reviews components of the CTC package and calculates ex-gratia amounts. 4) The tax computation sheet provides income and tax details for the current financial year. 5) It outlines the appropriate contacts and subject lines for different payment and process queries.

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0% found this document useful (0 votes)
201 views1 page

Employee Exit Settlement Guide

This document provides information about Accenture's full and final settlement process, including: 1) It comprises of 3 sheets - F&F payslip, ex-gratia/CTC worksheet, and tax computation sheet. 2) The F&F payslip reflects the calculation of the full and final settlement based on inputs from HR, expenses, leaves, etc. 3) The ex-gratia/CTC sheet reviews components of the CTC package and calculates ex-gratia amounts. 4) The tax computation sheet provides income and tax details for the current financial year. 5) It outlines the appropriate contacts and subject lines for different payment and process queries.

Uploaded by

v.kisan
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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***Confidential - For Company Internal Use Only***

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


a) F& F Payslip: b) Ex-gratia/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 Calculation
Computation as per Input F&F Calculation Parameters
Stake Input Source Particulars Remarks
Holders
HR Rep Exceptional Payouts other than Fixed Pay Workdays As per LWD, LOP & MTR
components & LOP
MYTE Team Missing Time Report, Business Expenses Notice Pay / Annual Fixed Pay/365 * no of days to be paid
Claim & Leave balance Recovery or recover
Comp. Team One-time payouts 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 9 hrs working (max 270hrs) and 2080 for 8 hrs working (max 240 hrs)

b) Ex-gratia/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
Ex-gratia 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 Finance: While writing to Finance, 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,
Meal allowance Meal allowance 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.
Notice Recovery Letter Full & Final query_EC_Comm Address *
Other deduction LOA – PF adjustment.
F&F Amount not credited F&F_Amount_Credit *
Relieving /Experience Letter RL_EC India.HRSS.Exits@accenture.com

* Please mail @ payroll.settlements@accenture.com

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