Can someone help to calculate the gratuity provision for the year ended 31st March to be accounted for in the balance sheet? Do we need to consider employees on the payroll as of 31st March or only those who have completed 5 years of service? Additionally, I need clarification on the calculation method.
Thanks,
Hosmath
From India, Bangalore
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Thanks,
Hosmath
From India, Bangalore
Acknowledge(0)Amend(0)
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SALARY SHEET CALCULATION.xls
Gratuity calculation.doc