Made a mistake in the Full and Final settlement calculations of an employee exiting the organization? Keka allows you to roll back the F&F settlements without any hassles. Let us take a quick look at how to do this.
To do F&F rollback, please click on Org (1) tab on the side panel. Then go to the Exits (2) tab, select Full & Final (3), and then, click on Settled (4).
Find the employee for whom you want to rollback and then, under Actions, click on the 3 dots and select Roll Back.
Roll back can be done only if the Full & Final settlement amount is future-dated.Click on Confirm to roll back the Full and Final settlement.
Once the payroll has been finalized and full and final settlement has been completed, the employer can only add adhoc payments or deductions by performing a full and final settlement rollback.
You can now redo the F&F settlement and finalize it again.
Got more questions? Go through the other FAQ articles or get in touch with us!
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