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How can we do Final settlement in Oracle Payroll?

Answer Posted / sirisha ogirala

1).For terminating an employee some elements needs to be
attached. The elements are as follows:
a).Retrenchment Compensation Information
b).Voluntary Retirement Information
c).Commuted Pension Information
d).Leave Encashment Information
e).Other Termination Information
f).Provident Fund Settlement Information

2).Link all these elements to your Payroll.

3).Attach all the above elements in your entries
4).Run quick pay for that particular employee.

Is This Answer Correct ?    10 Yes 5 No



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