How to calculate the PF contribution based on the employee’s working days?
To calculate the PF contribution based on the number of working days of an employee, follow these steps:
- Go to Settings and click Statutory Components.
- In the EPF tab, click the Edit icon.
- In the options presented, select Pro-rate Restricted PF Wage.
- Once selected, click Save.
By following these steps, the PF contribution will be pro-rated based on the employee’s work days.