Calculating payroll manually is a tedious and highly complex task thanks to the complex taxes and deductions applicable for salaried employees in India. Automated payroll calculations take a few seconds and are error-free. For manual calculations, you can calculate gross salary by adding the basic s...
In this guide, you will learn the basics of what payroll is, why is it important, how it's done in India, how does a successful payroll process looks like, and more. Let's start with the basics first.What is payroll? In simple terms, payroll can be defined as the process of paying...
A critique of the influence of globalization and convergence of accounting standards in Fiji The globalization of the world's economies has inevitably brought with it moves to establish a single set of financial reporting standards. Prima facie, th... P Chand,M White - 《Critical Perspectives on...
Accounting conventions: Accounting Standards prescribe certain conventions applicable in the process of accounting. We have to apply these conventions while preparing these statements. For example, the valuation of inventory at cost price or market price, depending on whichever is lower. Postulates: Apart...
planning facilitates decision making. q.4 what is the purpose of setting standards in the process of planning? answer: standards set in the planning process help in the measurement of actual performance and thus, deviations are found and corrected in time q.5 dreams can be turned into reality...
The following are must for efficient implementation of responsibility accounting: A company must have a clearly defined organizational structure that is understandable to all without any ambiguity. There should be clear measures and standards for the evaluation of performance. ...
Special Secretary Government, Education, India Sport Side Structure Sensitivity Sam Stout Shield Slam "Shield Slam" is a warrior ability in World of Warcraft that allows the player to slam their shield into their target, causing damage and generating high amounts of threat. In the game, the war...
The Indian government has introduced many policies to support FDI equity inflow in India. For example, 100% FDI is allowed in B2B eCommerce. This has further given a boost to the mode of funding. When India Brand Equity Foundation calculated the inflow of India’s FDI, it showed a boost ...
SAP Treasury (TR) Certification Cost and Course Duration in India The main topics covered in the course are: Basic SAP navigations, business and fianace overview, cash and liquidity concepts, credit management, Collections management, dispute management, bank communication management, in-house cash ...
Looking at the current economics, it’s quite evident that the interoperability of PPIs will lead to a greaterdigital payment adoptionand usage in India. This will also boost the value and utility of the payment instruments among users. Resultantly increasing the merchant’s customer base. ...