Hi Experts,
I am setting up the posoting charectristics for wage components.
My issue here is with PF, these are the componets those have to be setup for posting, plz let me know if i am missing any.
EDLI contri * 1,00,000
EDLI adm chrgs * 1,00,000
PF adm chrgs * 1,00,000
Ee PF contribution
Er PF contribution
Er Pension contribution
How many symbolic accounts has to be setup for passing these components to FI.
Through different threads i came to know that these components each will have 2 different GLs as these are liabilities of the company.
So total 10 GLs(or more if i have missed out on any component).
Please guide how to go about these.
Thanks.