All templates
Offboarding
Full & Final Settlement Template
A settlement statement calculating all dues, deductions, and net amount payable on exit, including salary, leave encashment, gratuity, and asset recovery.
FULL & FINAL SETTLEMENT STATEMENT
Employee: [Name] | ID: [Number]
Last Working Day: [Date]
Date of Settlement: [Date]
DUES (Payable to Employee)
Item | Amount
Salary for days worked | [Amount]
Notice period pay (if applicable) | [Amount]
Leave encashment ([X] days) | [Amount]
Bonus/Commission earned | [Amount]
Gratuity (if eligible) | [Amount]
Retirement fund/ PF settlement | [Amount]
Other dues | [Amount]
Total Dues | [Amount]
DEDUCTIONS
Item | Amount
Notice period recovery (if applicable) | [Amount]
Loan/advance outstanding | [Amount]
Unreturned/damaged assets | [Amount]
Tax deductions (TDS) | [Amount]
Insurance premium recovery | [Amount]
Other deductions | [Amount]
Total Deductions | [Amount]
NET PAYABLE
Net Amount Payable: [Amount]
PAYMENT DETAILS
Payment Method: [Bank Transfer]
Bank: [Bank]
Account: [Account #]
Expected Payment Date: [Date]
CERTIFICATION
I confirm the above settlement is accurate and in full satisfaction of all claims against the company.
Employee Signature: ___________________ Date: _______
HR Signature: ___________________ Date: _______
Finance Signature: ___________________ Date: _______