-
What is pf and esi compliance work details in bpo
Partap Singh
- Jan 25th, 2017
Dear Sir/Madam,
if someone is resigned the company/organisation and withdraw his PF and then after 1 year he rejoins the same company. Now his ESI registration number will be the same as earlier or it will change? Please adviseyesvijay2004
- Jun 11th, 2008
provident fund process:form-2 - tobe collected from new joinee for pf nomination & declarationform-5 - tobe filed every month ( addition of employee for the month)form-10 - tobe filed every month ...
-
Based on Internal Revenue Service rules, what criteria distinguish a consultant from an employee?
Marcus601
- Sep 15th, 2009
Do you have control of their time? Employee: In hiring a employee you control what will be done and how it will be done. ? Do they share the responsibilty for income taxes?Consultant: In hiring a ...
Rajuknr
- Mar 14th, 2007
Hi, A person must know the accounting principles and company management in account dept., how to tackle the situations in accounting criteria and full responsibility of company accounts.
-
What is Retropay?
chintamani
- Jun 2nd, 2008
Retro Pay means arrears amt will be paid in along with current salary.Eg.Salary is revised WEF 1st April 08 & payroll input received in May 08. In May payroll April salary would be paid as arrears. This is retro salary
abeny
- Dec 11th, 2007
Is a process that recaculates the amount to pay an employess in the current period to account for retrospective changes that occurred in previous payroll periods.
-
What are payroll inputs? Does it changes from company to company?
chintamani
- Jun 2nd, 2008
Payroll input includes: Monthly,Qtrly,Yearly payments,adjustements, recoveries etc.Inputs can be received either from HR or finance or both.Current month New joinees, resignees recovery's etc.Yes, inputs changes company to company
sathya.guru
- May 17th, 2008
Pay roll inputs are normally change from company to compay,Normal inputs are follows,Information about candidate (Name, Father Name, Age, Sex, etc...)Salary StructurePhoto CopyEducation details
-
Pension and gross earning
Question # 1 ABC Company sponsors a contributory pension plan for which the company contributes 3% of salaries for exempt employees, and the employees have contributed a total $245,000.00 . If hourly employees have earned a total of $380,000.00, and salaried employees have earned a total of $420,000.00 this year,what is the pension expense for the year?A. $7,350.00 B. $11,400.00 C. $12,600.00...
Atoosa
- May 27th, 2015
1
dbmalipatil
- Mar 30th, 2008
Q2: Devon is hired at a salary of $78,000.00 annually and begins work on Wednesday July 7th . If payroll is processed semi- monthly for periods ending on the 15th and the final day of the month, What ...
-
Income Tax Liability
If the declarations provided during the financial year and employee not provding the proof during the financial year ending- how should the tax liability be calculated. is it employer's duty to pay the enitre tax or the employer can issue the Form16 stating that tax is due?
chintamani
- Jun 2nd, 2008
If employee miss to submit the proofs to employer for his tax computation, employer will compute employees tax as per actual proofs.Employer will issue Form 16 to employee. This form 16 shows detailed...
chintamani
- Jun 2nd, 2008
Declarations would be considered to compute projected tax liability for the financial year. If the employee does not submit the hard copy's of proofs @ the year end tax would be computed on actual...
-
Variance Report in Payroll
What do you understand by Variance Report in payroll?
Vaibhav
- Jun 21st, 2012
Hi,
Variance Report is to know what is the difference between last month salary and the current month salary you can also check in that report all input which you have considered its captured or not? -
Provision for 13th salary
What is the journal entry at the end of the year for the 13th salary provision
-
Preparing Salary Sheet
Explain about salary sheet preparation process using MS Excel file as the base source of employee daily attendance record.
-
What is Payroll Software?
sathya.guru
- May 27th, 2008
Calculating Salary based on the input provided (Income & Deduction) after considering all the Statutory Deduction like (PF, ESI, Income tax et.....)
-
-
What are the benefits achieved by Payroll Giving?
pusp_dash
- Jan 20th, 2008
Payroll Giving enables employees to give to any UK charity straight from their gross salary (before tax is deducted), giving immediate tax relief of up to 40% on their donations
-
What is Payroll Journal?
maaz01
- Sep 16th, 2008
A payroll journal is like a payroll register. It has salary, bonuses, commission in other words earnings, any deductions such as 401k, fsa etc, state and income taxes etc.It shows the gross salary less any deductions "Net pay" for the period.
-
What are the activities present in payroll task?
dbmalipatil
- Mar 30th, 2008
1. Processing Payroll to generate Paycheck and Pay Stubs2. Generating Tax reports and vouchers using which Taxes are deposited to Govt (Employee Tax).3. Processing reports that are handed over to Acco...
-
What are payroll taxes?
yesvijay2004
- May 27th, 2008
Income TaxProfessional TaxFringe Benefit Tax for Non-payroll reimbursements.
-
What are Payroll source documents?
praneethreddy.p
- Oct 13th, 2008
The Payroll source documents are the employee Time Sheets (or equivalent) that record when the employee worked and generally what they did. These records are subject to audit by the Labor Department, ...
-
What is Payroll transaction?
yesvijay2004
- Jun 13th, 2008
Payroll Transaction is nothing but the calculation of salary for a month / week / day of an individual / group of employees depends upon the attendance / variable inputs / other benefits / salary component and generate the reports for IT / Statutory / PT payments.
-
What are the steps in Payroll Management?
kashiffakih
- Nov 10th, 2010
The administration of the financial record of employees' salaries, wages, bonuses, net pay, and deductionsAn employer, regardless of the number of workers they employ, must maintain all records pertai...
-
-
Employee Salary Structure
Create a salary structure of an employee (i.e. sales executive, hr executive etc.)
Payroll Interview Questions
Ans