ACCOUNTS MANAGEMENT
Accounts management refers to the process of organizing, recording, and managing financial transactions and information within an organization. It involves various activities related to financial management, including bookkeeping, financial reporting, budgeting, cash flow management, and financial analysis. Effective accounts management ensures accurate financial records, compliance with accounting standards and regulations, and informed decision-making.
PAYROLL MANAGEMENT
Payroll management refers to the process of overseeing and administering employee compensation, including wages, salaries, bonuses, deductions, and other benefits. It involves calculating and processing employee payments accurately and on time, complying with applicable tax regulations and labor laws, and maintaining records of employee earnings and deductions. Here are key aspects of payroll management:
EOBI
EOBI stands for the Employees’ Old-Age Benefits Institution. It is a social security institution in Pakistan that provides financial and other benefits to employees in the public and private sectors upon their retirement, disability, or death.
PROVIDENT FUND
A Provident Fund is a financial scheme or program typically established by an employer to help employees save for their retirement. It is a form of social security benefit that provides financial stability to employees after their working years.
