How can I add Voluntary Provident Fund (VPF) deduction to my employees?

How can I add Voluntary Provident Fund (VPF) deduction to my employees?

Voluntary Provident Fund (VPF) is a voluntary fund contribution from the employee towards his provident fund account. You can enable VPF for your employees by following these steps:
  • Go to Settings > Salary Components.
  • Navigate to the Deductions tab.
  • Click the More icon next to Voluntary Provident Fund and select Mark as Active.
Mark as Active
  • Go to the Employees module from the left sidebar.
  • click the employee for whom you want to enable VPF.
  • Click Add > Pre-Tax Deduction.
  • Select Voluntary Provident Fund from the drop down.
  • Enter the percentage of Basic that you want to deduct every month.
  • Select when you want the deduction to expire.
  • Click Save.
Add VPF