A provident fund is a financial savings scheme that is typically set up by employers to help employees save a portion of their salary for their retirement.
To process the provident fund (PF) for resigned employees, perform the following actions:
- Update the separation details of the resigned employees.
- Complete the final settlement of the resigned employees.
- Process the payroll of the resigned employees.
- Generate PF - ECR Format report.
- After the generation of a file, the PF admin user must log in to the PF Unified Portal and upload the PF - ECR format file in the portal.
Click here to subscribe to our help videos
Related Links:
Video- To watch greytHR videos, click here.
FAQs- To read more FAQs about Voluntary Provident Fund, click here.
Documentation- To learn more about Voluntary Provident Fund, click here.
Product Update- To read about the product update, click here.
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