Please follow the below path to create the VPF component.

To create this component, please go to Payroll Settings >> Salary components >> click “New

The configuration of the components is as under:


Component
Voluntary PF
Name
Voluntary PF
Abbreviation
VPF
Paid Component
Yes
Pay Type
Statutory component
Tax Status
Non Taxable
Calculation Type
Flat / Formula
Map To
VPF
Round off Value
Nearest to INR 1/-
Component Type
Fixed
Is FBP component
No
Attendance Dependent
No
Part of CTC
No
Active
Yes
FFS component
No
Payable if full month LOP
No