Our Payroll Audit service involves a meticulous review of various payroll components to ensure accuracy and compliance with company policies and regulations.

• New Employee Verification: We validate additions to the payroll, specifically new hires during the month, ensuring that their recruitment adheres to company policies and approvals. We also verify that their pay scales or base salaries align with the approved figures or company standards.

• Employee Departures: We cross-check the payroll to confirm that employees who left the company during the period have been appropriately removed from payroll processing, preventing erroneous salary payments.
• Salary Adjustments: We assess increments, promotions, and demotions during the month, calculating changes in pay scales for affected employees. We review the approvals behind these adjustments to ensure compliance.
• Employee Loans: Our audit verifies loan additions to the payroll, confirming that they are in line with approvals and company policies. Additionally, we examine loan deletions, ensuring that employee settlements are accurately processed. We validate that loan deductions follow standard protocols or the established repayment schedule.
• Employee Advances: We confirm that advances paid to employees during the month have been correctly deducted from their salaries.
• Fuel/Conveyance Allowances: Our audit involves calculating and verifying fuel or conveyance allowance additions to the payroll, while also reviewing associated approvals.
• Analytical Review Report: We prepare a comprehensive report that offers an analytical overview of the payroll. This includes a detailed comparison between figures from the current month and the previous month, as well as an in-depth examination of increments and reconciliations, factoring in changes to the opening pay scale.
• Incentive Validation: Depending on the company's payroll structure, we analyze any additional components such as incentive payments to employees.

By conducting this thorough Payroll Examination, we ensure that your payroll processes are accurate, compliant, and aligned with industry best practices, providing you with a clear understanding of your financial commitments and assisting in efficient financial management.