What is a Payroll Solution? The Payroll Solution is the process of paying salaries to the company’s employees with accuracy and efficiency. It includes: Names of employees to be paid, Total hours they worked for, Calculation of employee’s pay, Distributing salary on time, Record of the payroll expenses. Benefits of...
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Payroll management is one of the most crucial aspects of a business, and quite a tricky one if you are a new entrepreneur, who has never had to manage payroll before this. It needs more than just a software solution, efficient payroll management helps in boosting the confidence &...
It is a common phenomenon that sometimes employees ask for advance payments from their salaries before the date of payroll or loans for personal or professional reasons! But do you know that there are payroll compliances set for such advances and loans? Let’s get to know the ABCs and...
The busiest season of the year for any taxation firm is the Tax filing! But that isn’t the single most time-consuming thing! Being a CPA firm, the most critical preparations are before the actual taxation starts! Your services vary from a wide range of offerings; be it bookkeeping or...
The aspects of running a business are many! But some have a real-time impact on your business and one major factor is your Accounting. Your finance department has a long and stretching impact on every level of your business. This is exactly why all the big firms have dedicated...
Compliances form a very important part in any company incorporation. The Companies Act 2013 is an inclusive act of the Central Government which basically lays down all the rules about the establishment and functioning of any company operating in India. Without further ado, let’s have a look at some...
A Company Secretary is a senior position in any company. Although the name seems clerical, the actual job is of a CS who is commonly responsible for compliances with rules and regulations. A CS keeps the company and its members in check and aware of their legal position. To...
Accounts of any business are considered as its backbone! The mathematics of numbers is really the mathamagic of numbers that transform your business! Small firms, commonly known as “start-ups” usually outsource their accounting to an outsider and this outsider is known as Accounting Outsourcing Partner. This partner takes care...
IT business and accounting are inter-dependent. While accounting uses technological tools and advancements to boost the whole process, IT business includes accounting to record, evaluate and interpret data. One reason why the IT industry is a common receptor of such problems is, it changes dynamically in even a short...