Provident Fund Management in Pakistan

Provident Fund Contributions and Loans, Kept With Payroll

Record employee and employer provident fund shares in every pay run, manage temporary and permanent PF loans and bring balances into the final settlement when staff leave.

  • Employee & Employer Shares
  • Running Balances
  • PF Loans
  • Payout at Exit

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2Contribution Shares

Employee deduction and employer contribution

2PF Loan Types

Temporary, repaid monthly, or permanent

EveryPay Run Recorded

Contributions posted with each salary run

Core Features

Every Contribution, Recorded in the Pay Run

Monthly Contributions

Employee and Employer Shares in Every Pay Run

Set the PF rate once, and both shares are posted with salary each month.

  • Employee share deducted from salary
  • Employer share recorded as a contribution
  • Rate set as a percentage of basic salary
Running Balances

An Up-to-Date Balance for Each Employee

Contributions, loans and payouts add up to one balance HR and finance both trust.

  • Contributions added every month
  • PF loans and withdrawals deducted
  • Balance ready for statements and audits
Payout at Exit

Balances Paid Out in the Final Settlement

When an employee leaves, the PF balance joins the rest of the settlement.

  • Accumulated balance added to settlement
  • Outstanding PF loans recovered first
  • Contribution registers for trustees
Why Switch

Common Provident Fund Challenges

Manual Provident Fund vs PayPeople Cloud

How provident fund records compare in a separate ledger versus inside payroll.

TaskManual & SpreadsheetsPayPeople CloudRecommended
Monthly ContributionsCopied into a separate ledgerPosted with every pay run
Employee BalancesRebuilt from old sheetsRunning balance per employee
PF LoansRepayments tracked by handDeducted from salary each month
Exit PayoutCalculated when someone leavesAdded to the final settlement
Trustee ReportsCompiled manuallyExported contribution registers
Fund RulesApplied differently each monthRate set once and applied
Payroll Modules

Every Payroll Process, Covered

Payroll

Provident Fund

Monthly employee and employer contributions, running balances and payouts at exit.

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Expenses & Finances

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FAQ

Frequently Asked Questions

Ready to Keep Provident Fund Records in Payroll?

Book a guided demo and bring your fund rules and contribution rate. We will show you balances, PF loans and payouts.

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