SOP_GPF_INT_CR.pdf
I.INTRODUCTION
This document describes GPF interest credit and procedure to be followed.
II. ROLES REQUIRED
Roles required for GPF interest credit
• GPF Operations (PAY-PGO-CRU)
• GPF Approvals (PAY-PGA-CR)
III. PROCEDURE FOR GPF INTEREST CREDIT
Payroll system -> General Provident Fund
GPF operations has two sub cards namely Forward GPF Transactions and GPF Interest Calculation. GPF Approvals also has two sub cards namely other GPF Approvals and Approve GPF Transactions.
a. Select the GPF interest calculation option proceed with selecting the fiscal year and then click on GPF subscribers under PAO. This will list out all the GPF subscribers under the PAO as shown below.
b. Select the employees and click on submit the next screen will show the interest amount and then once again click on submit button.
c. Once submitted, transaction id and status will be shown in the next screen.
d. When a employee is already credited with GPF interest selected again for GPF interest calculation error message will be shown under status
e. The submitted transaction will be available under Payroll system -> General Provident Fund -> Forward GPF transaction. The transaction may be forwarded or rejected.
f. The forwarded transaction will be available under Payroll system -> General Provident Fund -> Approve GPF transaction. The transaction may be approved or rejected.
Note : GPF balance can be checked through DDO card -> Other Reports -> GPF subscribers -> GPF balance