Curious About FNF in Payroll? Let's Uncover What It Means Together

senthil-lead
Dear Friends,

I'm involved in payroll activities, and I would like to know what FNF stands for. Could someone please provide me with information on that?

Thank you.
Cite Contribution
Greetings,

"F&F" is the short form for Full and Final settlement. It is processed when an employee leaves the organization. It calculates leaves to be encashed, salary put on hold since resignation, number of working days, any allowances to be reimbursed, and any other amount to be disbursed. Tax is deducted at source in case no documents, such as rent receipts, medical bills, etc., are provided. Request you to read for further research on this:

- https://www.citehr.com/87119-full-final-settlement.html
- https://www.citehr.com/35488-full-final-settlement.html
- https://www.citehr.com/31582-format-...ettlement.html
- https://www.citehr.com/59258-full-final-settlement.html
- https://www.citehr.com/272845-el-enc...ettlement.html

Regards,
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