Define Contribution type for Statutory rates for Provident Fund
Transaction Code
(empty)
Created on
20011008
Customizing Attributes
PAY_IN_EPF_800
Define Contribution type for Statutory rates for Provident Fund
Customizing Activity
PAY_IN_EPF_800
Define Contribution type for Statutory rates for Provident Fund
Document
Document Class
SIMG
Hypertext: Object Class - Class to which a document belongs.
Document Name
PAY_IN_EPF_800
In this activity, you define the Contribution type in the name range A to Z. For every Contribution type, you must also specify percentages for:
Ee Contribution
Er Contribution
Er Pension Contribution
PF Admin Charges
EDLI Contribution
EDLI Admin
PF Interest
PF Eligibility
VPF Contribution
Example
Requirements
Standard settings
Recommendation
Activities
Enter a Contribution type in the Cont type field. The contribution type must be within the name range A to Z.
Enter the date until when the contribution type is valid in the To field.
Enter the date from when the contribution is valid in the From field.
Enter the statutory percentage of employee contribution in the Ee Contrib field.
Enter the statutory percentage of employer contribution in the Er Contrib field.
Enter the statutory percentage of employer pension contribution in the Er Pen ctr field.
Enter the percentage of PF administration charges in the PF Adm.Ch field.
Enter the percentage of EDLI contribution type in the EDLI Contr field.
Enter the percentage of EDLI Administration charges in the EDLI admin field.
Enter the percentage of PF interest in the field PF inter field.
Enter the percentage of VPF
Enter the PF Eligibility pay
Select Table View -> Save to save your entries.
Set the Determining Cont type, PF Ref no and Pen Ref no (40EPF) feature to return the newly created contribution type. You set this feature in IMG Payroll India by going to Statutory Social Contribution -> Provident Fund -> Maintain Contribution Details for Provident Fund.