· Pay head type – In this section different type of Pay heads are listed. Select “Employer’s Other Charges” from list to create other charges Pay heads.

· Statutory pay type – In this section different type of Employer other charge are listed. Select “EDLI Admin Charges (A/c No. 22)” from list to create Employer‘s EDLI other charges Pay heads.

· Contribute minimum of Rs 2/employee – Set to “Yes” this option for contribution minimum Rs 2 for every employee.

· Under – Select “Current Liabilities” because EDLI charges are Current Liabilities for

Employer.

· Affect Net Salary – Set to this option “No” because EDLI Admin charge does not Affect

net Salary.

· Calculation Type – Automatic set “As Computed Value”

· Calculation Period –Automatic set “Months”.

· Rounding Method – Automatic set “Normal Rounding”.

· Limit – Automatic set limit “1”.

· Compute – Automatic set “On PF Gross”

· Effective from – Type Date from which you apply EDLI Admin charge rate for employer in Tally prime. Like I type “1/Jan/2021”.

· Slab Type – Select “Percentage” to Calculate EDLI charges value

· Value – Type Value of Percentage to calculate EDLI amount. Such as type “0.01%”.

Ø Fill all Above details in Pay heads screen to create EDLI Admin charge Pay heads like following screenshot:

Ø Press Enter or Ctrl+A to save this screen.

PF Administration charges Pay Heads