1. How do I configure employee self service pages and investment declaration for India?
  2. Voluntary Provident Fund

Voluntary Provident Fund

You can configure the accessibility to the voluntary provident fund page in self-service portal, for employees to declare their voluntary provident fund (VPF) contribution for the financial year.

VPF declaration timeline is available at the beginning of each financial year except during the freeze period. This is from April to November in each financial year and from the 1st to 14th of every month. The VPF declaration needs to be maintained both for the regular employees and new hires.

Here's how you can set the timeline for VPF declaration:

Navigation: Setup and Maintenance > Tasks > Search > Manage Legal Reporting Unit HCM Information
  1. Set the scope for this task by selecting the parent Legal Entity and then the Legal Reporting Unit.
  2. On the Manage Legal Reporting Unit HCM Information page, select the provident fund TRU and click Apply and Go to Task.
  3. Edit the tax reporting unit of type Provident Fund by selecting the Correct mode.
  4. In the Voluntary Provident Fund section, enter the period within the financial year and the timeline every month for capturing the employee's VPF information:

Field

Description

Effective Period Start Date

Enter the start date from when the VPF information can be added .

Effective Period End Date

Enter the end date after which VPF info can't be submitted.

Start Day of Every month

Enter the start date in every month when the VPF info can be updated.

End Day of Every month

Enter the end date in every month after which the VPF info can't be updated.
Note:
  1. To change the VPF declaration timeline, edit the tax reporting unit in Correction mode. Using the update mode only creates the TRU update history.
  1. Save the VPF information.