From Paybooks the Locations Wise JV gets posted to Quickbooks account package if there are multiple Locations created in Paybooks app.
The important aspect here to be noticed is since there is a minimum cap limit of PF admin charges which is minimum 500rs, many find the difference in the PF amount when it is summed for all locations in the posted JV in QuickBooks.
To cross verify the same please extract the PF MIS report as follows
- Download PF MIS report with all the location.
Download PF MIS report with location wise separately for different location admin charges.
The same can be altered in the posted JV manually if required.
Note: As per the PF rule, the Minimum admin charges is 500/-