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Dec 10, 2008 at 12:43 PM

Calculation of Employer PF Contribution

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Dear Consultants,

Posting run of Payroll results reveals that the amount calculated as Employer PF contribution is not the amount manually calculated. It should be 3.67 % of Basic (subject to max Rs 6500).

Where I can see the actual calculation program?

I checked the wage type characteristics of /3F3 in V_512W_D but could not understand anything from it.

Regards

Bindumadhav

9869028264