EPF Employer Contribution

1506 views 2 replies

what is the treatment for EPF employee contribution and employer contribution in accounts? and how it will reflect in the P/L account?

 

Replies (2)

The amount received from employees towards PF plus amount contributed by the employer plus administration charges is debited to pf payable account every month & this amount is deposited upto 20th of the next month.

 

what is the treatment for EPF employee contribution

 Ans : Please note this is Liability A/c will not effect Profit & Loss A/c

and employer contribution in accounts? and how it will reflect in the P/L account?

Ans : Please note this is Expense Account should be clubbed under head Staff Cost.

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

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

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details