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How is PF contribution calculated based on an employee’s working days?
Zoho ERP allows you to pro-rate PF contributions based on the number of days an employee has worked in a pay period.
To enable this:
- Click Settings in the top-right corner.
- Click Statutory Components under Setup & Configurations.
- Switch to the EPF tab and click the Edit icon.
- Enable Pro-rate Restricted PF Wage.
- Click Save.
Once enabled, PF contributions are calculated proportionately based on the employee’s working days.