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We are having gratuity fund account with LIC of India. My question is our SAP is showing different balance whereas fund balance is different in LIC of india
As per our system fund balacne is 58410309
whereas as LIC of india fund balance is 43783530
Is it correct or we need to pass necessary entries for who are claimed that means left employees amount
Please give me suggestion

From India, Guntur
Dear Pradeep.H,
I don't feel that any one other than your SAP administrator and LIC fund management will have answer to your question.
You have to talk to your SAP administrator and in turn ask him to talk to LIC fund management and find out where is the deviation.

From India, Mumbai
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