To create EDLI Admin Charges Pay Head,
Go to Gateway of Tally > Payroll Info. > Pay Heads > Create
Enter the name of the Pay Head in the Name field
Select Employer’s Other Charges as the Pay Head Type from the list of Pay Head Types
Select EDLI Admin Charges (A/c No. 22) as the Statutory Pay Type from the list of Employer's Other Charges
Set Minimum Rs 2/Employee to Yes if you want the EDLI Admin Charges to be minimum Rs. 2 for each Employee
Note: When the option Minimum Rs 2/Employee is Yes, the EDLI Admin Charges for each employee is minimum Rs. 2.
When this option is set to No the EDLI Admin Charges are calculated as per the specified formula.
Select Current Liabilities from the List of Groups in the Under field
By default, Affect Net Salary is set to No
The Calculation Type field is pre-filled with As Computed Value and Calculation Period is pre-filled with Months by default
By Default, Rounding Method is set to Normal Rounding and Rounding Limit as 1
The Compute field is prefilled with On PF Gross
Note: PF Gross refers to the value of Pay Heads used for A/c. No. 1 (Employee PF) Pay Head.
In the Effective Date field, enter the desired date from which the EDLI Admin Charges will come into effect
Enter the values in the From Amount and Amount Upto fields if required
Select Slab Types from the List of Slabs in the Slab Type
Enter the EDLI Admin Charges Percentage in the Value Basis field
Press Enter to accept.
Note: This Pay Head will not be included in the Salary Details for the Employees as this is an employer related expense and needs to be handled separately.