Hi,
I am working on salary calculations in Excel and facing an issue regarding PF calculation. We have set our basic salary at 6500 for 30 days for employees whose salary exceeds 6500. I have applied the PF calculation formula accordingly. However, in cases where an employee's salary is less than 6500 and they have worked only 15 days in the current month, I am unsure about the formula to use in this situation.
Regards,
Dilip
I am working on salary calculations in Excel and facing an issue regarding PF calculation. We have set our basic salary at 6500 for 30 days for employees whose salary exceeds 6500. I have applied the PF calculation formula accordingly. However, in cases where an employee's salary is less than 6500 and they have worked only 15 days in the current month, I am unsure about the formula to use in this situation.
Regards,
Dilip