Set Up Tax Reporting Unit for Labour Welfare Fund

Use the Manage Legal Reporting Unit HCM Information task to set up the TRU for the labour welfare fund.

You can set up the tax reporting unit for the labour welfare fund component:

  1. Set the scope for this task by selecting the parent Legal Entity and then the Legal Reporting Unit, as described in previous tasks.

  2. Select Manage Legal Reporting Unit HCM Information in the implementation project task list.

  3. On the Manage Legal Reporting Unit HCM Information page, select the labour welfare fund TRU and click Apply and Go To Task.

  4. On the Tax Reporting Unit Details page, select Correct option under Edit.

  5. For TRU of type Labour Welfare Fund, click Labour Welfare Fund and enter the required information.

  6. In the Labour Welfare Fund Organization Information section:
    1. Enter your organization LWF Registration Number.

    2. Select the State or Union Territory.

      The employee and employer contribution amount to LWF varies based on your selection of the state or union territory from the list.

  7. In the Labour Welfare Fund Representative Details section, select the Employer Representative who is at supervisor level, from the list.

  8. Click Submit.