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author's profile photo Former Member
Former Member

Issue with VPF Calculation

Hi all,

I have maintained the VPF % as 12 of Basic in V_T7INF3 & PF Eligible pay as 6500.

1/ Now in 0587 i have marked the VPF on Eligible Pay or PF Basis Which ever is less, no otehr areas selected.

PF ER Cotri is marked as Eligible Pay or PF Basis Which ever is less , in this case no VPF calculation is not Reflecting on Payslip & PAY is almost going down to less than 650 RS. Pf is calculating as 3.11% of basic.

2/ Even if i put the percentage & Marke them both VPF & ER Contri on Eligible Pay or PF Basis Which ever is less then also both the months are far much less than the actual amount.

3/ Is it compulsory to maintain the percentage of VPF in 0587 then only system will calculate the exact amount?

What could be the possible reason for this ?

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    author's profile photo Former Member
    Former Member
    Posted on Feb 07, 2012 at 06:46 AM

    VPF % is maintained in IT587 only , Check the field " VPF Percentage"

    Best Regards,

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  • author's profile photo Former Member
    Former Member
    Posted on Feb 08, 2012 at 05:52 AM

    Closed.

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