I have a problem regarding the payroll. In fact, the payroll has been run, but then it was found out that some incorrect entries were made for some of the employees. And if those entries are not changed in the current payroll, then some amount of money will be deducted from the employees' salary for 4 months, as ESI premium, as those employees will fall within a specific limit. Can you please advice me some solution for this problem? Will this problem be solved by the retroactive accounting? If so, then what would be the exact procedure, and will the amount deducted for the ESI be rolled back in the next
If this would not solve the problem, then please advice soem other suitable method.
Thanks and Regards,