Creating NPS Payable Ledger (Payroll)

You can create an NPS (national Pension System) payable ledger to account for pension payment to retired employees.

1. Go to Gateway of Tally > Payroll Info. > Pay Heads > Create .

2. Enter the name of the ledger in the Name field.

3. Set the Pay head type as Not Applicable , from the list of Pay Head Types .

4. Set the ledger as under Current Liabilities from the List of Groups .

5. Press Enter to save.