EPF
The application includes basic support for EPF.
Every profile in the application can support one EPF account of one person. Transactions are grouped by employer.
Interest is automatically computed for the end of last financial year as well as the end of last month.
One of the limitation is that if account with one establishment is closed, no new transaction can be added. If there is a case that the employee has rejoined the establishment on a later date, a duplicate establishment has to be created in the application for further contributions.
Importing old data
Old transactions can be imported using CSV. Option is available in the application settings. Following sample may be used as a guide: -
| Establishment Id | Establishment Name | Member Id | Transaction Date | Transaction Type | Employee Part | Employer Part | Pension Part | Status | Note |
| ABCDEXXXXXXXXX1 | XYZ1 | 2017-12-01 | Deposit | 1800 | 550 | 1250 | 0 | ||
| ABCDEXXXXXXXXX1 | XYZ1 | 2018-01-01 | Deposit | 1800 | 550 | 1250 | 0 | ||
| ABCDEXXXXXXXXX1 | XYZ1 | 2018-02-01 | Deposit | 1800 | 550 | 1250 | 0 | ||
| ABCDEXXXXXXXXX1 | XYZ1 | 2018-03-01 | Deposit | 1800 | 550 | 1250 | 0 | ||
| ABCDEXXXXXXXXX1 | XYZ1 | 2018-04-01 | Deposit | 1800 | 550 | 1250 | 0 | ||
| ABCDEXXXXXXXXX1 | XYZ1 | 2023-12-22 | Withdrawal | -14290 | -4368 | 0 | 1 | ||
| ABCDEXXXXXXXXX2 | XYZ2 | 2023-11-30 | Deposit | 13554 | 4143 | 0 | 2 | ||
| ABCDEXXXXXXXXX2 | XYZ2 | 2023-12-14 | Deposit | 2870 | 550 | 1250 | 0 | ||
| ABCDEXXXXXXXXX2 | XYZ2 | 2024-01-12 | Deposit | 2870 | 1800 | 0 | 0 | ||
| ABCDEXXXXXXXXX2 | XYZ2 | 2024-02-14 | Deposit | 2870 | 1800 | 0 | 0 | ||
| ABCDEXXXXXXXXX2 | XYZ2 | 2024-03-13 | Deposit | 2870 | 1800 | 0 | 0 | ||
| ABCDEXXXXXXXXX2 | XYZ2 | 2024-03-31 | Deposit | 736 | 225 | 0 | 3 |
One of Establishment Id or Establishment Name must be included. Columns Member Id and Note may be omitted. All other columns are mandatory.
Establishment Id and Establishment Name are string values and must be unique per employer.
Member Id and Note are string values. They are optional and only for user’s convenience. They do not affect the application behaviour in any way.
Transaction Date may be in yyyy-mm-dd or dd-mm-yyyy format.
Transaction Type may be either of Deposit or Withdrawal.
Employee Part, Employer Part, and Pension Part are integer values. Must of a positive value for Deposit and negative for Withdrawal.
Status must be:
- 1 for final withdrwal/transfer out (i.e. the final transaction of any establishment/employer)
- 2 for deposit part of the funds transferred-in from other establishment/employer. For correct calculation of interest it is recommended that the date is input as last day of previous month.
- 3 for interest part of the funds transferred-in from other establishment/employer. For correct calculation of interest it is recommended that the date is input as the last day of financial year.
- 0 default value
In case of any concern, please reach us using Contact us option in the application settings.