HomeKnowvisory BlogPayroll

Payroll

Payroll simplified! Expert tips for compliance and smooth operations.

10 Payroll Processing Best Practices Every Small Business Owner Should Follow
- April 29, 2024
- Posted by: CA Sanjeev Kumar
- Category: Payroll
No Comments
Read More

How can we help you?

Contact us at the Consulting WP office nearest to you or submit a business inquiry online.

KnowVisory is the backbone of our financial strategy. They’ve brought clarity to our numbers, and their insights have been instrumental in our growth.

Samantha

Director, SME, Real Estate Company

img:is([sizes="auto" i],[sizes^="auto," i]){contain-intrinsic-size:3000px 1500px;}img.wp-smiley,img.emoji{display:inline !important;border:none !important;box-shadow:none !important;height:1em !important;width:1em !important;margin:0 .07em !important;vertical-align:-.1em !important;background:none !important;padding:0 !important;}.ccb-gutenberg-block{padding:20px;border:1px solid black;}.ccb-gutenberg-block__header{display:flex;align-items:center;margin-bottom:20px;}.ccb-gutenberg-block__icon{margin-right:20px;}.jetpack-sharing-buttons__services-list{display:flex;flex-direction:row;flex-wrap:wrap;gap:0;list-style-type:none;margin:5px;padding:0;}.jetpack-sharing-buttons__services-list.has-small-icon-size{font-size:12px;}.jetpack-sharing-buttons__services-list.has-normal-icon-size{font-size:16px;}.jetpack-sharing-buttons__services-list.has-large-icon-size{font-size:24px;}.jetpack-sharing-buttons__services-list.has-huge-icon-size{font-size:36px;}@media print{.jetpack-sharing-buttons__services-list{display:none !important;}}.editor-styles-wrapper .wp-block-jetpack-sharing-buttons{gap:0;padding-inline-start:0;}ul.jetpack-sharing-buttons__services-list.has-background{padding:1.25em 2.375em;}.wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em;}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none;}:root{--wp--preset--aspect-ratio--square:1;--wp--preset--aspect-ratio--4-3:4/3;--wp--preset--aspect-ratio--3-4:3/4;--wp--preset--aspect-ratio--3-2:3/2;--wp--preset--aspect-ratio--2-3:2/3;--wp--preset--aspect-ratio--16-9:16/9;--wp--preset--aspect-ratio--9-16:9/16;--wp--preset--color--black:#000;--wp--preset--color--cyan-bluish-gray:#abb8c3;--wp--preset--color--white:#fff;--wp--preset--color--pale-pink:#f78da7;--wp--preset--color--vivid-red:#cf2e2e;--wp--preset--color--luminous-vivid-orange:#ff6900;--wp--preset--color--luminous-vivid-amber:#fcb900;--wp--preset--color--light-green-cyan:#7bdcb5;--wp--preset--color--vivid-green-cyan:#00d084;--wp--preset--color--pale-cyan-blue:#8ed1fc;--wp--preset--color--vivid-cyan-blue:#0693e3;--wp--preset--color--vivid-purple:#9b51e0;--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple:linear-gradient(135deg,rgba(6,147,227,1) 0%,#9b51e0 100%);--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan:linear-gradient(135deg,#7adcb4 0%,#00d082 100%);--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange:linear-gradient(135deg,rgba(252,185,0,1) 0%,rgba(255,105,0,1) 100%);--wp--preset--gradient--luminous-vivid-orange-to-vivid-red:linear-gradient(135deg,rgba(255,105,0,1) 0%,#cf2e2e 100%);--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray:linear-gradient(135deg,#eee 0%,#a9b8c3 100%);--wp--preset--gradient--cool-to-warm-spectrum:linear-gradient(135deg,#4aeadc 0%,#9778d1 20%,#cf2aba 40%,#ee2c82 60%,#fb6962 80%,#fef84c 100%);--wp--preset--gradient--blush-light-purple:linear-gradient(135deg,#ffceec 0%,#9896f0 100%);--wp--preset--gradient--blush-bordeaux:linear-gradient(135deg,#fecda5 0%,#fe2d2d 50%,#6b003e 100%);--wp--preset--gradient--luminous-dusk:linear-gradient(135deg,#ffcb70 0%,#c751c0 50%,#4158d0 100%);--wp--preset--gradient--pale-ocean:linear-gradient(135deg,#fff5cb 0%,#b6e3d4 50%,#33a7b5 100%);--wp--preset--gradient--electric-grass:linear-gradient(135deg,#caf880 0%,#71ce7e 100%);--wp--preset--gradient--midnight:linear-gradient(135deg,#020381 0%,#2874fc 100%);--wp--preset--font-size--small:13px;--wp--preset--font-size--medium:20px;--wp--preset--font-size--large:36px;--wp--preset--font-size--x-large:42px;--wp--preset--spacing--20:.44rem;--wp--preset--spacing--30:.67rem;--wp--preset--spacing--40:1rem;--wp--preset--spacing--50:1.5rem;--wp--preset--spacing--60:2.25rem;--wp--preset--spacing--70:3.38rem;--wp--preset--spacing--80:5.06rem;--wp--preset--shadow--natural:6px 6px 9px rgba(0,0,0,.2);--wp--preset--shadow--deep:12px 12px 50px rgba(0,0,0,.4);--wp--preset--shadow--sharp:6px 6px 0px rgba(0,0,0,.2);--wp--preset--shadow--outlined:6px 6px 0px -3px rgba(255,255,255,1),6px 6px rgba(0,0,0,1);--wp--preset--shadow--crisp:6px 6px 0px rgba(0,0,0,1);}:where(.is-layout-flex){gap:.5em;}:where(.is-layout-grid){gap:.5em;}body .is-layout-flex{display:flex;}.is-layout-flex{flex-wrap:wrap;align-items:center;}.is-layout-flex > :is(*,div){margin:0;}body .is-layout-grid{display:grid;}.is-layout-grid > :is(*,div){margin:0;}:where(.wp-block-columns.is-layout-flex){gap:2em;}:where(.wp-block-columns.is-layout-grid){gap:2em;}:where(.wp-block-post-template.is-layout-flex){gap:1.25em;}:where(.wp-block-post-template.is-layout-grid){gap:1.25em;}.has-black-color{color:var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-color{color:var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-color{color:var(--wp--preset--color--white) !important;}.has-pale-pink-color{color:var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-color{color:var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-color{color:var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-color{color:var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-color{color:var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-color{color:var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-color{color:var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-color{color:var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-color{color:var(--wp--preset--color--vivid-purple) !important;}.has-black-background-color{background-color:var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-background-color{background-color:var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-background-color{background-color:var(--wp--preset--color--white) !important;}.has-pale-pink-background-color{background-color:var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-background-color{background-color:var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-background-color{background-color:var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-background-color{background-color:var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-background-color{background-color:var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-background-color{background-color:var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-background-color{background-color:var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-background-color{background-color:var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-background-color{background-color:var(--wp--preset--color--vivid-purple) !important;}.has-black-border-color{border-color:var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-border-color{border-color:var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-border-color{border-color:var(--wp--preset--color--white) !important;}.has-pale-pink-border-color{border-color:var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-border-color{border-color:var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-border-color{border-color:var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-border-color{border-color:var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-border-color{border-color:var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-border-color{border-color:var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-border-color{border-color:var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-border-color{border-color:var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-border-color{border-color:var(--wp--preset--color--vivid-purple) !important;}.has-vivid-cyan-blue-to-vivid-purple-gradient-background{background:var(--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple) !important;}.has-light-green-cyan-to-vivid-green-cyan-gradient-background{background:var(--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan) !important;}.has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background{background:var(--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange) !important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background:var(--wp--preset--gradient--luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background:var(--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background:var(--wp--preset--gradient--cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background:var(--wp--preset--gradient--blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background:var(--wp--preset--gradient--blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background:var(--wp--preset--gradient--luminous-dusk) !important;}.has-pale-ocean-gradient-background{background:var(--wp--preset--gradient--pale-ocean) !important;}.has-electric-grass-gradient-background{background:var(--wp--preset--gradient--electric-grass) !important;}.has-midnight-gradient-background{background:var(--wp--preset--gradient--midnight) !important;}.has-small-font-size{font-size:var(--wp--preset--font-size--small) !important;}.has-medium-font-size{font-size:var(--wp--preset--font-size--medium) !important;}.has-large-font-size{font-size:var(--wp--preset--font-size--large) !important;}.has-x-large-font-size{font-size:var(--wp--preset--font-size--x-large) !important;}:where(.wp-block-post-template.is-layout-flex){gap:1.25em;}:where(.wp-block-post-template.is-layout-grid){gap:1.25em;}:where(.wp-block-columns.is-layout-flex){gap:2em;}:where(.wp-block-columns.is-layout-grid){gap:2em;}:root :where(.wp-block-pullquote){font-size:1.5em;line-height:1.6;}body #wrapper .fa.fa-facebook{font-family:"Font Awesome 5 Brands" !important;}body #wrapper .fa.fa-map-marker{font-family:"FontAwesome" !important;}body .fa.fa-map-marker:before{content:"";}.mtc,.mtc_h:hover{color:#000 !important;}.stc,.stc_h:hover{color:#3595d6 !important;}.ttc,.ttc_h:hover{color:#3595d5 !important;}.mbc,.mbc_h:hover,.stm-search .stm_widget_search button{background-color:#000 !important;}.sbc,.sbc_h:hover{background-color:#3595d6 !important;}.tbc,.tbc_h:hover{background-color:#3595d5 !important;}.mbdc,.mbdc_h:hover{border-color:#000 !important;}.sbdc,.sbdc_h:hover{border-color:#3595d6 !important;}.tbdc,.tbdc_h:hover{border-color:#3595d5 !important;}.vc_cta3.third_bg_color .vc_custom_heading h2{color:#fff !important;}.h1:after,.h2:after,.h3:after,.h4:after,.h5:after,.h6:after,h1:after,h2:after,h3:after,h4:after,h5:after,h6:after,h2:after,.h1:before,.h2:before,.h3:before,.h4:before,.h5:before,.h6:before,h1:before,h2:before,h3:before,h4:before,h5:before,h6:before{background:#0d1b5c !important;}.main_menu_nav>li>a{padding:22px !important;}.elementor-widget-video .eicon-play{border-color:#3595d5;background-color:#3595d5;}.elementor-widget-wp-widget-nav_menu ul li,.elementor-widget-wp-widget-nav_menu ul li a{color:#000;}.elementor-widget-wp-widget-nav_menu ul li.current-cat:hover > a,.elementor-widget-wp-widget-nav_menu ul li.current-cat > a,.elementor-widget-wp-widget-nav_menu ul li.current-menu-item:hover > a,.elementor-widget-wp-widget-nav_menu ul li.current-menu-item > a,.elementor-widget-wp-widget-nav_menu ul li.current_page_item:hover > a,.elementor-widget-wp-widget-nav_menu ul li.current_page_item > a,.elementor-widget-wp-widget-nav_menu ul li:hover > a{border-left-color:#3595d6;}div.elementor-widget-button a.elementor-button,div.elementor-widget-button .elementor-button{background-color:#000;}div.elementor-widget-button a.elementor-button:hover,div.elementor-widget-button .elementor-button:hover{background-color:#3595d5;color:#000;}.elementor-default .elementor-text-editor ul:not(.elementor-editor-element-settings) li:before,.elementor-default .elementor-widget-text-editor ul:not(.elementor-editor-element-settings) li:before{color:#3595d6;}.consulting_elementor_wrapper .elementor-tabs .elementor-tabs-content-wrapper .elementor-tab-mobile-title,.consulting_elementor_wrapper .elementor-tabs .elementor-tabs-wrapper .elementor-tab-title{background-color:#3595d5;}.consulting_elementor_wrapper .elementor-tabs .elementor-tabs-content-wrapper .elementor-tab-mobile-title,.consulting_elementor_wrapper .elementor-tabs .elementor-tabs-wrapper .elementor-tab-title a{color:#000;}.consulting_elementor_wrapper .elementor-tabs .elementor-tabs-content-wrapper .elementor-tab-mobile-title.elementor-active,.consulting_elementor_wrapper .elementor-tabs .elementor-tabs-wrapper .elementor-tab-title.elementor-active{background-color:#000;}.consulting_elementor_wrapper .elementor-tabs .elementor-tabs-content-wrapper .elementor-tab-mobile-title.elementor-active,.consulting_elementor_wrapper .elementor-tabs .elementor-tabs-wrapper .elementor-tab-title.elementor-active a{color:#3595d5;}.radial-progress .circle .mask .fill{background-color:#3595d5;}:root{--con_base_color:#000;--con_secondary_color:#3595d6;--con_third_color:#3595d5;--con_primary_font_family:Open Sans;--con_secondary_font_family:Raleway;}:root{--con_top_bar_bg:#f6f6f6;--con_top_bar_shadow_params:0px 0px 0px 0px;--con_top_bar_socials_icon_line_height:16px;--con_top_bar_socials_icon_font_size:14px;--con_top_bar_socials_icon_color:#999;--con_top_bar_socials_icon_color_hover:#3595d5;--con_top_bar_contact_info_line_height:16px;--con_top_bar_contact_info_font_size:14px;--top_bar_contact_info_color:#999;--con_header_cart_counter_color_hover:rgba(255,255,255,1);--con_wc_cart_counter_bg:#3595d5;--con_wc_cart_counter_bg_hover:#3595d5;--con_header_button_border_radius:50px 50px 50px 50px;--con_header_button_text_transform:uppercase;--con_header_button_font_size:14px;--con_header_button_mobile_text_transform:uppercase;--con_header_nav_menu_link_text_transform:uppercase;--con_header_nav_menu_link_line_height:18px;--con_header_nav_menu_link_font_size:13px;--con_header_nav_menu_link_arrow_color:#ff0029;--con_header_nav_menu_link_arrow_color_hover:#ff0029;--con_header_nav_menu_level_1_link_text_transform:normal;--con_header_nav_menu_level_1_link_bg_hover:#0d1b5c;--con_header_nav_menu_level_2_link_text_transform:normal;--con_header_mega_menu_title_transform:none;--con_header_mega_menu_link_text_transform:none;}:root{}img#wpstats{display:none;}.vue_is_disabled{display:none;}#wp-admin-bar-consulting_settings img{max-width:25px;vertical-align:top;position:relative;top:3px;}.e-con.e-parent:nth-of-type(n+4):not(.e-lazyloaded):not(.e-no-lazyload),.e-con.e-parent:nth-of-type(n+4):not(.e-lazyloaded):not(.e-no-lazyload) *{background-image:none !important;}@media screen and (max-height: 1024px){.e-con.e-parent:nth-of-type(n+3):not(.e-lazyloaded):not(.e-no-lazyload),.e-con.e-parent:nth-of-type(n+3):not(.e-lazyloaded):not(.e-no-lazyload) *{background-image:none !important;}.e-con.e-parent:nth-of-type(n+3):not(.e-lazyloaded):not(.e-no-lazyload).nitro-lazy,.e-con.e-parent:nth-of-type(n+3):not(.e-lazyloaded):not(.e-no-lazyload) *.nitro-lazy{background-image:none !important;}}@media screen and (max-height: 640px){.e-con.e-parent:nth-of-type(n+2):not(.e-lazyloaded):not(.e-no-lazyload),.e-con.e-parent:nth-of-type(n+2):not(.e-lazyloaded):not(.e-no-lazyload) *{background-image:none !important;}.e-con.e-parent:nth-of-type(n+2):not(.e-lazyloaded):not(.e-no-lazyload).nitro-lazy,.e-con.e-parent:nth-of-type(n+2):not(.e-lazyloaded):not(.e-no-lazyload) *.nitro-lazy{background-image:none !important;}}.e-con.e-parent:nth-of-type(n+4):not(.e-lazyloaded):not(.e-no-lazyload).nitro-lazy,.e-con.e-parent:nth-of-type(n+4):not(.e-lazyloaded):not(.e-no-lazyload) *.nitro-lazy{background-image:none !important;}.elementor-widget-accordion .elementor-accordion .elementor-accordion-item .elementor-tab-title.elementor-active,.elementor-widget-accordion .elementor-accordion .elementor-accordion-item .elementor-tab-content.elementor-active{background-color:#fff;}i.fa.fa-twitter:before{content:"";}span.wpcf7-not-valid-tip{display:block;}.main_menu_nav>li .sub-menu>li>a{text-transform:none;}script#nitro-boot-resource-loader + * + * + *,script#nitro-boot-resource-loader + * + * + * + *{height:0;visibility:hidden;}.wp-block-video{margin:40px 0;}.back_button{display:none;}.wp-block-video video{height:auto;}.consulting_elementor_services.style_1 h3{font-size:22px;line-height:28px;font-weight:500;}.ssba-modern-2.ssba.ssbp-wrap.aligncenter.ssbp--theme-1{position:fixed;top:45%;left:0;z-index:999;}.ssba-modern-2.ssba.ssbp-wrap.aligncenter.ssbp--theme-1 span.ssba-share-text{display:block;transform:rotate(92deg);margin-left:-30px;position:relative;top:-18px;font-size:18px;left:15px;}.ssba-modern-2.ssba.ssbp-wrap.aligncenter.ssbp--theme-1 ul.ssbp-list{display:block;}.ssba-modern-2.ssba.ssbp-wrap.aligncenter.ssbp--theme-1 ul.ssbp-list li{display:block;margin:0 !important;}.ssba-modern-2.ssba.ssbp-wrap.aligncenter.ssbp--theme-1 ul.ssbp-list li a.ssba_share_link{border-radius:5px;height:40px !important;width:40px !important;}#rs-demo-id{}#footer .footer_widgets .widget .widget_title{border-top:transparent !important;}body #footer,body #footer div,body #footer div:before,body #footer div:after,body #footer h1,body #footer h2,body #footer h3,body #footer h4,body #footer h5,body #footer h6,body #footer p,body #footer p:before,body #footer p:after,body #footer span,body #footer span:before,body #footer span:after{color:#1e1e1e !important;}body #footer a:not([class^="social-"]){color:#3595d6 !important;}body #footer a:not([class^="social-"]):hover{color:#009aee !important;}body #footer,body #footer .copyright_row{background-color:rgba(242,241,241,1) !important;}