on 09-06-2012 1:12 PM
Dear All,
How can we stop EE and ER PF refund as Govt does not adjust negative PF with personal PF A/c.
Kindly guide
Thanks,
Hi
At INEPF function the system will generate the both +ve and -ve PF arrears and this will get adjust to the Ee net pay or current month take home.
And as per your PF Form 12 you can show the current month PF and you are not showing the -ve PF right?
So there should not be any problem....Hope this is clear
Best Regards
Venkata Manikanth
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Hi Venkata,
Thanks for the reply.
but i want /zf5 to be negative till current month PF contribution amount. e.g current month EE pf contribution is 100/- and /zf5 is 150/- then current month PF should be 0 not -50 in payroll not in report.
Or
/zf5 should not be generated if it is negative because company wont pay refund amount to employee on behalf of govt.
as per your advice payroll is refunding Pf amount and there is loss to company. Form12A wont show refund but in payroll in net pay employee is refunded the negative PF amount.
Thanks,
Hi
Thanks for the update and provding an example will help us to discuss clearly.
As you said once the PF is remitted to PF comissioner you can not payback to Ee and for that only SAP is trying to reduce the net pay of the Ee in the current month,
So tell me what is the /3F1 stored in this case,
As mentioned earlier , /ZF5 carries both +ve and -ve incase of increment happened to Ee , this also needs to be paid for the Ee PF account right.
Refer this SNote 535467 - FAQ's on Provident Fund Functionality
Hope this will help
Best Regards
Venkata Manikanth
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