Dear All,
I have separated the following employees as per dates and other details mentioned in the below table.
As per our company's rules, we have ceiling basic of EPF i.e. Rs. 6500/-. Hence if the earned basic exceeds the ceiling amount, the calculation should be made on 6500/- @12% i.e. Rs. 780/-. If the same is below the ceiling amount, actual earned basic will be counted for calculation.
I have run PA40 - Separation action for the following employees.
Emp No. Emp Name Separation DT. Actual Basic Earned Basic in June-2013 12% of Earned Basic Actual Deducted Paid Days in the month of June 2013 Remark 1 Anil 18.06.2013 10120 5734.67 688 468 17.00 2 Janardhan 15.06.2013 21510 3943.5 473 390 5.50 3 Gautam 28.06.2013 8910 7722 927 728 26.00 As 12% of Earned Basic is >780, It should deduct 780 only. But it has deducted 728. 4 Dubey 24.06.2013 9030 7224 867 780 24.00 As 12% of Earned Basic is >780, It has deducted 780. This case seems to be OK. 5 Shahbaz 15.06.2013 8860 4134.67 496 496 14.00 Case is OK.In case of Sl. No. 4&5 the calculation is OK. But in case of 1,2 and 3 I hope, the system is calculating wrong. Please suggest if the system is calculating wrong for the employees SL no. 1 to 3, then how to correct the same.
Thanks..
Sastri