PF on Arrears not attracting for TDScalculations

[former_member1020143]

Hi

I have a problem with PF on arrears.The arrears PF has generated in the RT as /ZF5 . The arrears PF is not getting adding to /3i1 (investments) & /432 (Aggregate of Chapter IV) , resulted tax is not calculating properly. it is affecting on the net pay , Form 16 etc. To calculate TDS correctly the PF on arrears also need to sum with the /3F6 Annual PF under Sc 80C. How to get to add the Arres PF to Regular PF.

Request help on the issue.

Thanks & Regards

EKP Yadav

[former_member1020143]

Hi Srijit

The said rules has already maintained.

Regards

EKP Yadav

[Former Member]

1 ) Please confirm Whether the same rules are used in the Customized schema

2) Check in the Payroll Log , whether you are able to find /6I2 wage type in Table DT

[former_member1020143]

Hi

Yes the amount is pertains to previous Fin Year.

Thanks & Regards

EKP Yadav

[Former Member]

Hi,

The issues seems that the PCR is not maintained properly ,

This is with reference to the Indian Payroll schema

REFER the Standard PCR's IN42 , IN43 ( If you copied to customized , then change accordingly )

The below lines should be maintained in your customized PCR's

The Requried rule would be :-

in IN42 or your customized Rule for the same

Under WGTYP? ( Query Wage type )

/3I2
 | CMPER MM12 
 |-    *
 |
 =
      ELIMI *    
      SUBWTD/6I2

in IN43 or your customized Rule

/3I2
 | CMPER MM12 
 |-    *
 |
 =
      ELIMI *    
      ADDWTD/6I2

Please update the feedback after modifying.

Srijit R Menon

Edited by: Srijit R Menon on Jun 30, 2009 3:56 PM

[former_member1020143]

Hi

Thanks for calling. The arrears PF is not clubing in /3f6 Annual PF. Only the current Financial Year PF amount is coming in the /3F6..

Request for solutions and any suggestion pls

Thanks & Regards

EKP Yadav

[Former Member]

you mean the PF amount ( arrears Part) is pertaining to last financial year...

Please confirm

[Former Member]

Hi,

Please note that PF deducted is shown in investments through the wage type Annual PF and not through Arrears wage typs....

So Please check the annual PF wage type Ee Ann PF contribution - /3F6 .... whether it is coming properly or not....

while doing the Retro caculation the Pf gets stored in the monthly wage types in the actual results and thus the annual PF wage types gets updated as you process..

Edited by: Srijit R Menon on Jun 29, 2009 3:33 PM