Epf and pension contribution entries in recipient account bo

An individual who contributes money in his/her EPF a/c from his/her salary and the employer also contributes its part in form of EPF and Pension, how these should be entered in the books of indiviudal account?

The question is important in the backdrop of any eventuality happening with the individual and his/her family is not aware of his/her assets from other sources other than his/her books of accounts.If these contributions are reflected in his/her books of accounts, the family will not suffer any loss and claim due amount from the government (EPFO).

 

Replies (3)
journal entry to be passed will be as follows-
EPF a/c dr.
to capital a/c

and since you are saying that this will help his family to claim the amt. due from govt... i have a question that how will you be calculating intt paid on such contribution? this ques. is just out of curiosity, pls dont take it otherwise.

Beneficiary can download his passbook and it has interest details in it which is added on year to year basis

okk... thanks for sharing the info

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Follow