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Tag: Accounting outsourcing services in Delhi

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Payroll Outsourcing India – An Ultimate Guide

A payroll is a financial record of salaries paid to an employee as wages, bonus or deduction. It is given for the work done during a particular period of time. Payroll outsourcing india processing involves tedious routine work. Outsourcing this process allows you to focus on growing your business. Save cost, focus on core tasks

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Benefits of Outsourcing Accounting and Bookkeeping

Accurate bookkeeping and accounting are not optional for successful businesses, but hiring a full time accounting staff to keep your company’s books can be expensive. While every business needs the financial data that accountants and bookkeepers prepare in order to fulfill regulatory obligations and make solid business decisions, incurring the cost of a full time

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Types of Cost Accounting

Cost accounting involves the techniques for: 1. determining the costs of products, processes, projects, etc. in order to report the correct amounts on the financial statements, and 2. assisting management in making decisions and in the planning and control of an organization. For example, cost accounting is used to compute the unit cost of a

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Types of Accounting

Accounting is a vast and dynamic profession and is constantly adapting itself to the specific and varying needs of its users. Over the past few decades, accountancy has branched out into different types of accounting to cater for the diversity of needs. Financial Accounting, or financial reporting, is the process of producing information for external

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Payroll processing and calculation

Payroll processing consist of calculation of payments to employees for their work in the company – whether it is based on time or productivity, calculation of benefits, and statutory deductions. Payroll needs to be processed by each company periodically. It may be processed weekly, bimonthly, monthly or daily . Payroll calculation is a complicated process

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