can we create a provident fund for employees module
If you mean that you will be paying money to a third party who will hold, administer and control the funds, then yes.
You will setup a liability account and payslip deduction or contribution depending on who is paying (employee or employer)
I presume that the fund is external to the business, as it would be unusual for the business to mamage and control the fund
Thanks
Yes, I have set up a Deduction account for employees share and contribution account by employer for company’s share. These two accounts will add up in Liability as PF account. Funds would be transfered to a seperate PF bank account against the Liability every month.
Thanks for the help.
Regards