A Provident Fund is a type of retirement savings scheme established by employers to provide financial security and retirement benefits to their employees.
To manage the employee provident fund (PF), the admin must perform the following steps:
- Add the employee to the greytHR database.
- Add PF details of the employee.
- Complete the PF KYC mapping of the employee.
- Generate the PF - monthly statement report.
- Generate the PF - ECR format report.
- After the generation of the PF - ECR Format report, the PF admin user must log in to the PF unified portal and upload the generated ECR text file.
Looking for More Support?
Find answers and insights across our resources. Refer to our detailed Knowledge Base for in-depth articles, explore our practical video guides, and stay informed with our latest product updates.
Want to explore more features on greytHR? Talk to Us!
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article