The role of finance in payroll can be classified into four core pillars: Labour Law Compliance, Tax Law Compliance, Payroll Accounting,...
Showing posts with label ARTICLES. Show all posts
Showing posts with label ARTICLES. Show all posts
Payroll Finance Function- Part 1: Labour Laws Compliance
The role of finance in payroll can be classified into four core pillars: Labour Law Compliance, Tax Law Compliance, Payroll Accounting, and...
TDS on Payment to Contractor
TDS on provisions relating to payment to contractors are classified into 3 parts. They are Payment to Resident contractor for General Co...
Employment related TDS
Section 392 - TDS on Salary Applicability :Governs TDS on salary payments to employees. Applies to all salaried employees where in...
MAT as it stands in 2026
Why is MAT required in the first place? Many companies, show high “book profits” in their financial statements/Annual report (ie book...
Payables Ratios
Following is summary of the most important Payables-related ratios also called Creditor ratios. Accounts Payable Turnover Ratio (...
Role of Workflow management software in Payables
OmniFlow is a Process Management and workflow automation platform, that helps turn complex, manual processes into streamlined, rule-dr...
Payables Reports and Analytics
What purpose does AP reporting and analytics serve? AP reporting and analytics transforms raw invoice data into business insight...
Payables (AP) vs GL Reconciliation
AP vs GL reconciliation is the process of ensuring that the detailed Accounts Payable subledger aligns with the summarized AP control...
Invoice to Pay cycle
The Invoice-to-Pay (I2P) cycle is a subset of the AP process that commences the moment a vendor bill arrives and continues until the ...