How to hide/unhide PF contribution of the employer in the pay slip (How can PF contribution of the employer be made outside the gross salary?)

Under the EPF Act of 1952, employers and employees must contribute a percentage of the salary to the Provident Fund amount. However, in some organizations, the employer may not want to show their contribution amount on the employee's payslip. 

Keka provides a solution for this by allowing you to hide the employer's contribution of PF from the payslip. By enabling this setting, the system will use the employer contribution amount from Gross earnings calculation to match the net pay value in the payslip. This helps ensure that the employee receives an accurate payslip without compromising the privacy of the employer's contribution amount.

To do this, click on Payroll (1) and find Settings (2). Go to Pay Groups (3). If you have multiple pay groups, choose the one you want to work on. Under Actions, click on the Configure icon (4).

Navigate to Contributions (1). Click on the 3 dots and then choose Update PF Settings (2).

On the next window, find Employer Contribution. Under that, see a Check Box against the dialogue, 'Hide Employer's contribution towards Provident Fund from Payslip'. Checking/Unchecking this box will hide/unhide the employer's contribution to the PF. 

After making the neccessary chnages, click on Update.

If you choose to hide PF (Employer) from the pay slip, the PF (Employer) contribution amount will be deducted from the special allowance of the employee.

Hope this article was found helpful. More queries? Please check out the other articles or do contact us!