Payroll

For the payroll procedure, we have a highly skilled workforce. We use cutting-edge, cloud-based payroll software to make working with employees and employers easier. Each employee will receive login information so they may view and print pay stubs as well as upload receipts for expenses such as investment declarations. Additionally, we provide HR documentation services including issuance of appointment letters and HR policy development.

Processing payroll and managing HR

• The majority of small firms find that managing HR and processing payroll is a very complicated chore because of India's numerous compliance requirements.
• The lack of established HR systems and procedures in the majority of startups makes it difficult to attract top talent, keep competent employees, and even create a positive workplace culture.
• An individual may take pleasure in a stress-free and error-free payroll cycle each month by outsourcing payroll and HR management to GrowUp Accounting Solutions.
• Additionally, in order to support the expansion of the business, our HR professionals can assist in putting

What we do

• Defining payroll policy
• Gathering inputs
• Input validation
• Payroll Calculation
• Statutory compliance
• Payroll accounting
• Payout
• Reports

Reporting

Some of the businesses where angel or seek capital investments are made demand regular reports, including cash flow statements, profitability statements, return on investment statements, etc. We set up investor reports and presentations.

Compliance

The Indian regulatory environment necessitates the submission of reports and returns to numerous departments. Accountants with expertise can manage this well. Reports and returns that are submitted late or not at all are subject to penalties. As a result, at GrowUp Accounting Solutions, we have created a working environment that complies with the regulations of different corporate organizations.

CFO Services

The chief financial officer (CFO) is a corporate officer primarily responsible for managing the financial risks of the corporation. He/ she is also responsible for financial planning, record-keeping, as well as, financial reporting to the higher management. Further, responsibilities for both the strategic and operational aspects of financial planning and management of the organization could be included.

We provide the Following Services

• Capital budgeting (Procurement of funds at minimum cost)
• Capital rationing (Utilization of funds at maximum cost)
• Ensure proper capital structure (debt – equity mix) and restructuring the existing debt – equity mix in order to minimize capital cost
• Timely financial reports, MIS reports and assistance to management and Board of Directors
• Funds raising from venture capitalists, angel investors, banks and financial institutions
• Cash flow management , fund flow management and preparation of budgets
• Ensure financial healthiness of the organization
• SWOT Analysis and portfolio analysis
• Advising on Formulation of strategies, managing strategic and operational activities
• Corporate reorganization services in legal , ownership and operational areas to make it profitable
• Ensure adherence of company towards CSR Policies and Practices
• Maintaining financial and Operational risks at minimum level
• Analyzing external opportunities as well as threats
• Project analysis , profitability and viability analysis
• Monitoring expenditures and liquidity of organization
• Assisting in vendors selection and price negotiations
• Ensuring Creditworthiness of an organization and optimum investing pattern for the organization