FnF, which stands for Full and Final, is a financial settlement made between two parties to fully close outstanding dues, liabilities, or contractual obligations. It signifies a complete and final payment towards any amounts owed between two individuals, companies, or organizations.
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Full and Final Settlements in Payroll: Everything You Need to Know It
Parting ways with an employer inevitably involves paperwork to settle accounts. The full and final settlement is the last paycheck and financial settlement between an employer and an exiting employee encompassing all pending dues. But what exactly does the full and...