Vanesh Nadar & Co., Chartered Accountants — a member firm of SNK & Alliance Schedule a consultation

The firm

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The firm, the people responsible for your file, and where our services apply.

About the firm

Financial & compliance

Advisory & outsourcing

Technology & learning

Not sure which service you need? Describe the situation and we will point you to the right engagement — or tell you if you do not need one.

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Payroll & MIS

Payroll and MIS reporting

Salaries processed accurately and confidentially, and management reports that arrive early enough to be useful.

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Payroll is the one process where errors are noticed immediately and remembered for a long time. It also carries statutory deduction obligations that attract interest and penalties when missed. We run it to a fixed monthly calendar with a review step before disbursement.

MIS reporting is the other half of this page for a reason: both are about getting reliable information to the right people on time. A management pack delivered on the twenty-fifth is a history lesson. We design the pack around the decisions you take, and then work backwards to the close timetable that makes it possible.

What you receive

  • A monthly payroll register and payslips
  • Statutory deduction computations and payment schedule
  • A management reporting pack to an agreed date
  • Defined metrics with a documented calculation basis
  • A review call to walk through the numbers

Scope of work

What this engagement covers

Payroll processing

  • Monthly salary computation and register
  • Attendance, leave and reimbursement inputs
  • Payslip generation and confidential distribution
  • Full and final settlement workings
  • Bonus, incentive and arrears processing
  • Bank transfer file preparation

Payroll statutory support

  • TDS on salary computation and declarations
  • Provident fund and ESIC computation support
  • Professional tax computation where applicable
  • Coordination of periodic statutory returns
  • Form 16 issuance support
  • Employee investment declaration and proof review

Management information

  • Monthly reporting pack with commentary
  • Revenue, margin and expense analysis
  • Receivable and payable ageing
  • Cash position and expected movement
  • Headcount and payroll cost analysis
  • Segment, branch or project reporting

Reporting design & automation

  • Definition of metrics and their calculation basis
  • Report templates linked to accounting data
  • Dashboards drawn from live records
  • Automation of recurring report preparation
  • Distribution schedule and access control
  • Periodic review and refinement of the pack

How we work

Working with us on this

How an engagement runs at Vanesh Nadar & Co. Four stages: review of the current position, a written scope and fee, execution to an agreed calendar, then review to stop problems recurring. STEP 1 Review We look at your records, filings, registrations and any open notices, and tell you plainly where things stand. STEP 2 Scope & fees A written scope: deliverables, timelines, what we need from you and the fee — agreed before any work starts. STEP 3 Execute Work carried out to an agreed calendar, with a named point of contact and documented handovers. STEP 4 Review & improve Recurring issues are traced back to the process that caused them, so the same problem does not return next quarter.
  1. ReviewWe look at your records, filings, registrations and any open notices, and tell you plainly where things stand.
  2. Scope & feesA written scope: deliverables, timelines, what we need from you and the fee — agreed before any work starts.
  3. ExecuteWork carried out to an agreed calendar, with a named point of contact and documented handovers.
  4. Review & improveRecurring issues are traced back to the process that caused them, so the same problem does not return next quarter.
Every engagement runs through the same four stages. Nothing begins until the scope and the fee are agreed in writing, and the fourth stage exists so that a problem found this quarter does not simply reappear in the next one.

Related services

Discuss your requirement

General information only. The content on this page is general in nature and is not professional advice. Statutory applicability, thresholds and due dates depend on your specific facts and on the law in force at the time. Please speak to us before acting on anything you read here.

Questions

Frequently asked questions

Is payroll data kept confidential?

Yes. Payroll is handled by a restricted team, salary information is not circulated beyond the people you authorise, and payslips are distributed individually. Access arrangements are agreed in the engagement letter.

What belongs in a monthly MIS?

At minimum: profit and loss against budget, cash position and expected movement, receivable and payable ageing, and a short commentary on what changed. Beyond that it depends on the business — the test is whether each report would change a decision.

How soon after month end can the pack be delivered?

That depends on how quickly source data arrives. With disciplined cut-off and bank reconciliation, a pack in the first week of the following month is a realistic target for most small and mid-sized businesses.

Can payroll be run alongside our existing HR software?

Usually yes. We work from your attendance and leave data, and where useful our technology team can build a small integration so inputs flow across instead of being re-keyed.

Speak to a Chartered Accountant

Tell us what you need — accounting, tax, GST, audit, advisory, Zoho Books or a software build. We will come back to you with a clear scope and the next step.

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