FULL & FINAL SETTLEMENT
Exit Payroll. Computed Automatically At Offboarding.
Exit payroll — dues, deductions, and encashment — computed automatically at offboarding.
OVERVIEW
What Full & Final Settlement Covers
Pay runs, salary structures and everything that touches take-home.
Full & Final Settlement
Exit payroll — dues, deductions, and encashment — computed automatically at offboarding.
Payroll
Pay runs, salary structures and everything that touches take-home.
SETTLEMENT SNAPSHOT
This Quarter's Exits, At A Glance
A sample view of what a running BizzField full & final settlement module looks like — illustrative data.
Settlement Components
Recent Exits Settled
HOW IT WORKS
How Full & Final Settlement Plays Out
Exit follows the same disciplined path as a regular pay run, computed from records already on file.
Step 01
Offboarding Is Initiated
Exit is recorded against the employee's record, triggering settlement calculation.- Exit is recorded against the employee's record, triggering settlement calculation.
Step 02
Dues And Deductions Computed
Final dues, deductions and encashment are computed automatically from existing records.- Final dues, deductions and encashment are computed automatically from existing records.
Step 03
Reviewed Before Payout
The computed settlement is reviewed before it's finalized, keeping the same audit discipline as a regular pay run.- The computed settlement is reviewed before it's finalized, keeping the same audit discipline as a regular pay run.
Step 04
Settlement Is Paid Out
The final settlement is paid out, closing the employee's record.- The final settlement is paid out, closing the employee's record.
WHO USES THIS
Built For Teams Like Yours
Automated settlement matters most where turnover is high or offboarding needs a clean audit trail.
Retail & Ecommerce
High headcount turnover, multi-location attendance, and seasonal variable pay.
IT & ITES
Distributed teams, project-based timesheets, and fast-moving org charts.
BFSI
Strict access control, audit trails, and incentive-heavy compensation.
FAQ
Full & Final Settlement — Questions We Get Asked
Exit payroll — outstanding dues, deductions, and leave encashment — computed automatically at offboarding rather than assembled by hand.
Full & final settlement is part of the full payroll & compensation suite, included from the Growth plan (₹149/employee/month) onward.
Yes — any outstanding balance from Loans & Reimbursements is factored into the final computation.
It follows the same disciplined path as Automated Pay Runs — computed, reviewed, and paid out with a record of each step.
AT A GLANCE
Exit Payroll, Computed Automatically
AI & AUTOMATION
Intelligent Automation for Full & Final Settlement
Eliminate manual steps, detect payroll anomalies early, and forecast resource needs using our built-in context-aware HR Engine.
ANOMALY DETECTION
Smart Discrepancy Scanning
Key Capabilities
- Scans every pay cycle draft for outliers vs prior month
- Flags employees with >20% variance in pay
- Detects duplicate leave or expense submissions
- Alerts HR team with a one-click resolution queue
Continuous background scans identify timesheet conflicts, irregular check-ins, or duplicate claims before they reach finance. The engine flags items for HR review without any manual query.
SMART FORECASTING
Predictive Resource & Payroll Forecasts
Key Capabilities
- Seasonal leave congestion predictions per department
- Month-on-month payroll cost trend visualization
- Headcount forecast vs approved budget
- Overtime cost early-warning indicators
AI-driven models project seasonal absence patterns, leave congestion periods, and payroll cost variance indicators specific to Full & Final Settlement — helping HR plan ahead rather than react.
SECURITY & COMPLIANCE
Enterprise-Grade Data Privacy & DPDPA 2023 Readiness
Data protection is baked into our server layer. Strict data policies and role-scoped access ensure complete India DPDPA 2023 compliance.
DATA PRIVACY
India DPDPA 2023 Compliance
Key Capabilities
- All PII data stored on India-localized cloud servers
- Granular employee consent tracking & audit logs
- Self-serve data erasure on employee exit
- Automatic data retention policy enforcement
Full consent audit logs, India-localized data residency, and self-serve data erasure mechanisms built into the core database layer — not bolted on as an afterthought.
ACCESS CONTROL
Server-Scoped Permissions & AES-256 Encryption
Key Capabilities
- Database-level RBAC — not just UI-level visibility
- AES-256 encryption for all documents & payroll records
- Immutable access audit log for every data read
- Zero cross-team data leakage guarantee
No frontend-only role flags. Access control is enforced at the database query level — managers can only retrieve records within their designated reporting tree, with zero cross-team data leakage.
INTEGRATIONS
Connect Full & Final Settlement with Your Tech Stack
BizzField HRMS connects with biometric hardware, accounting tools, ERP systems, and communication channels out of the box.
NATIVE INTEGRATIONS
Biometric Hardware & Accounting Sync
Key Capabilities
- ZKTeco, Essl & Matrix biometric device connectors
- Tally Prime GL journal export on pay run lock
- Zoho Books & Busy accounting voucher sync
- EPFO unified portal ECR text file generation
Sync attendance directly from ZKTeco, Essl, and Matrix biometric clocks in real time, and transmit payroll journals automatically to Tally Prime, Busy, and Zoho Books.
ERP & ALERTS
Enterprise ERP & Communication Channels
Key Capabilities
- Full REST API for SAP, Oracle HR & NetSuite
- Slack & MS Teams notification webhooks
- WhatsApp payslip delivery on pay date
- Corporate bank salary file formats (HDFC/ICICI/SBI/Axis)
Connect to SAP, Oracle HR, and NetSuite via full REST API. Broadcast leave approvals, payslip availability, and shift reminders to Slack and Microsoft Teams automatically.
QUANTIFIED IMPACT
Performance Indicators & Business Value
Realize immediate improvements across operations, finance, and statutory compliance.
ROLLOUT TIMELINE
Getting Started with BizzField Full & Final Settlement
A structured path from schema configuration to pilot testing and full launch, guided by our onboarding team.
Step 01
Schema Mapping & Employee Data Import
Model your reporting hierarchy, upload employee records securely, and map custom document types to BizzField's structure.- Upload employee master data via CSV or API
- Map reporting lines & org hierarchy
- Configure custom document categories
Step 02
Policy & Rule Configuration
Configure multi-level approvals, custom shift templates, statutory compliance ceilings, and salary revision workflows.- Set leave types, accruals & sandwich rules
- Define shift rosters & overtime rules
- Configure state-wise PT/LWF compliance
Step 03
Parallel Run & Validation
Verify payroll calculations, shift check-ins, and approval chains alongside your existing setup before fully cutting over.- Run parallel payroll draft for 1 month
- Validate attendance vs biometric device data
- Confirm role-scoped access for all managers
Step 04
Full Launch & Team Training
Release employee ESS credentials, activate mobile check-in, and enable all automated payroll and alert feeds.- Distribute ESS app credentials to all employees
- Activate automated payslip email on pay date
- Enable Slack / Teams alert webhooks
See Full & Final Settlement In Action
Walk through automatically computed exit payroll — dues, deductions and encashment — on BizzField HRMS.