Articles 1441–1480 of 2673, covering Payroll · TDS · Labour Compliance, Payroll · Labour Compliance Deep Dive, Controllership · Month Close · Audit Readiness, Startup CFO · Funding · Valuation · Diligence and more.
Payroll compliance begins before the first salary is paid. PAN, bank, UAN, ESIC eligibility, tax declaration and joining records should be validated at…
PF contribution is only useful if it lands in the correct member record. UAN, KYC, name, DOB, joining and exit-date corrections need a disciplined employer…
ESIC compliance is not just monthly contribution. Employers should maintain inspection-ready wage records, employee coverage, challans, registers and…
Form 24Q correction is employee-facing because it affects Form 16 and Form 26AS/AIS credit. The correction file should identify whether the error sits in PAN…
Payroll close fails when salary register, bank file, statutory challans and books do not agree. Monthly GL reconciliation should bridge payroll output to…
Payroll internal audit is not only fraud detection. It checks whether employee data, salary changes, statutory filings, reimbursements, exits and contractor…
Payroll errors often come from master data, not calculation formulas. A monthly audit of PAN, bank, UAN, ESIC, cost center and salary structure prevents…
Payroll is usually the largest recurring cost after COGS. Finance leaders need a variance dashboard that explains headcount, salary cost, statutory deductions…
PF contribution decisions should not be hidden inside payroll software. Employers should document wage basis, excluded employee logic, voluntary PF and any…
Benefits and perquisites are often designed by HR but taxed by payroll. Every benefit needs a policy, eligibility rule, tax position, evidence and Form 16…
Employee loans and advances become messy when repayment, payroll deductions and exit recovery are not documented. The file should prove approval, amount, terms…
Gratuity should not be discovered only during employee exit. Employers need a running provision file and an exit payout file that reconcile service period…
Internship stipend can become salary-like if the person works like an employee. Employers should document learning objective, duration, supervision, stipend…
Leave encashment disputes arise when HR leave balance, payroll payout and accounting provision do not match. The leave register should be audit-ready before…
Minimum wage compliance fails when wage rates, location, skill category and attendance are not mapped. Employers should review employee and contractor wage…
Overtime is a labour, payroll and cost-control issue. Employers need attendance records, approval trail, wage basis and policy alignment before paying or…
Bonus compliance is more than paying a festive amount. Employers should separate statutory bonus from performance bonus and support eligibility, wage data…
POSH compliance is not only a policy PDF. Employers need an Internal Committee file, awareness/training evidence, complaint handling process and annual…
Variable pay should not be a spreadsheet surprise. Finance and HR need plan approval, achievement evidence, accrual logic, payout controls, TDS and clawback…
Expense cut-off decides whether your monthly P&L is real or accidental. Finance should accrue goods/services received but not invoiced and avoid booking…
Audit chaos happens when finance waits for auditor emails. A good PBC file should be ready before fieldwork begins.
Bank reconciliation is the first fraud and cash-control checkpoint. If bank and books do not agree, cash balance, revenue, vendor payments and investor MIS…
Board MIS should not be a pretty deck with unverified numbers. Every KPI should tie back to books, bank, CRM or payroll source.
Fixed assets are not just invoices. The asset file should prove capitalization, location, useful life, depreciation, physical existence and disposal approval.
Internal controls should grow before headcount explodes. Startups need simple but real controls over approvals, payments, revenue, payroll and journals.
Fundraise diligence fails when numbers look good but evidence is scattered. A finance data room should prove revenue, cash, tax, payroll, contracts and…
Month-end close is the operating system of finance. A startup that closes late cannot trust MIS, cash forecast, tax filings or investor reporting.
Year-end provisions are judgement-heavy. Finance should not wait for auditors to ask whether a claim is probable, possible or remote.
Revenue is the most sensitive line in startup MIS. SaaS and service companies must separate invoicing, cash receipt and revenue recognition.
Accounting policies and estimates should be written before disputes arise. The memo explains how management recognises revenue, expenses, assets and provisions…
Receivables are not cash. A good AR ageing file tells which invoices are collectible, disputed, delayed, doubtful or wrongly billed.
Audit adjustments should not live in email threads. Finance needs one tracker showing what was posted, what was not posted, why and how financial statements…
Cash flow statement fails when it is prepared as an afterthought. It should tie to balance sheet movement, bank reconciliation, borrowings and non-cash…
Foreign currency balances move even when no cash moves. Month-close should revalue monetary items and explain realised and unrealised exchange differences.
Intercompany balances are easy to ignore because the counterparty is friendly. Auditors and investors still expect confirmations, agreements and clean ageing.
Inventory is easy to overstate when physical count, costing and NRV review are weak. Finance needs evidence that stock exists, belongs to the company and is…
Manual journal entries are powerful because they bypass sub-ledgers. They need strong support, approval and review, especially near month-end and year-end.
Related-party schedules should not be prepared from memory at audit time. Finance needs a live register of parties, transactions, balances, approvals and…
Financial statement finalisation is not formatting. Schedule III grouping, accounting standard disclosures and audit adjustments must tie to the final trial…
Share premium looks exciting in a round, but tax and diligence teams ask one brutal question: can you defend the valuation?