Employee Provident Fund calculation during Retro process

[Former Member]

Hi Team

We are process payroll with retro in retro effect whatever amount is calculating it has no impact on my EPF /3F1

Ex: April month Basic is 1000 for this PF is 120 While processing May we have changed the basic to 2000 with effect from 11 April we are getting Retro amt 1290 in may process

But my May month PF is 240 only this should be 394

Bcoz 129012% 154 & May month 200012%

now we are getting 240 only

Please provide any solution as soon as possible its very urgent issue.

Thanks

Mahantesh

[02mainia18]

The difference in amount would not be coming directly under /3F1, but under some other wage type, probably /AF5, although I am not sure about this wage type. Please check your payroll result cluster. You will find the wage type..

Please reward points if helpful.

Regards,

Ashish.

[Former Member]

Dear Ashish,

This query is not related to this thread but can u plz check this issue and help me to sort it out.

I am facing with one issue at client place, can any one help me out with the below mentioned issue.

Actually when we are paying leave encashment for previous financial year it is not calculating PF on arrears.

we have 2 shemas and one was used before 1st april 2008 and another one after 1st april 2008 the difference is before 1st april 2008 PF has to be deducted on arrears on leave encashment and the 2nd schema is that PF should not be deducted on PF arrears w.e.f 1st april 2008.

This issue need to be solved on high priority and the solution for the above query will be highly appreciated.

Thanks

Giri