Dear All, i need help in creating deduction payhead. Pension Contributions deducted from employee's basic pay @5% when entering payroll voucher it does not calculate automatically please help.
Dear Sir it seems that you are using payroll first time . the account need to be created as you have created ledger for epf & esi . request you to once read completely the creation of esi & epf ledger
i'm not talking about the default EPF & ESI, i'm i've created a formula as Internal PF @5% = Basic*5/100 in the computed value option but when i make payroll voucher entry after entering basic pay it does not calculate Internal PF@5%, i have to manually enter the 5% amount...Why is this so?