Payroll Processing Services
Payroll Processing Services is a Financial Record keeping of Salaries paid to employees as wages, bonus, or deductions. it is given for the work done during a particular period of time. Payroll processing involves tedious routine work. Outsourcing this process allows you to focus on core tasks and enable growth without manpower and infrastructure restrictions. We offer highly efficient payroll services. partnering with us reduces costs and increases profits. we offer a convenient and reliable payroll process. Payroll is one of the most important responsibilities of the employer and his company. Our company helps you manage your payroll process in a manner that maximizes salary pay-outs and minimize per employee cost to company.
Payroll Processing services is a very important function of any business it necessitates an understanding of current regulations, detailed tax knowledge to ensure proper withholding and filing, and a highly organized system that can be relied upon to pay each employee the right amount of money. for latest knowledges and update you can visit my blog
Top Benefits of payroll Processing services
- Keep Control
- Compliance Risk Management
- Enhanced Accuracy
- Control Cost and time
- Improve Data Security
- Avoid Penalties and Mistakes .
- Access Latest Technology
Procedure for Preparation of Salary Sheet
- Collecting Input Data from a client like Attendance, Information of New Joiners, Resigned Details, Increment, Incentive, Advance, Loan, etc.
- Processing the same at our Payroll Package and generate Pay Register in PDF/Excel format along with the different types of Reports as per Client Requirement.
- Calculation of Overtime, Bonus, etc.
- Maintaining Attendance Record, Leave Record, Wages Register, etc.
Payroll Processing Services - Other work
- Preparation of Salary Sheet Branch wise, Unit wise, Location wise
- Preparation of Arrear Sheets
- Provide monthly Salary/Wages Slip to the individual employees through e-mail
- Preparation of Bank Transfer List, Cash Payment List
- Prepare Full & Final of Left employees
- Prepare MIS Report
- Handling queries of the employees related to their Attendance, Salary, Advance, Loan and Reimbursement, etc.
Frequently Asked Question
Removing the stress and liability of making tax deposits and filing correct tax returns is the reason to outsource. Savvy business owners also realize that every minute spent handling non-core tasks is time NOT spent talking to customers, looking for new business, training employees and digging for cost savings. In other words, payroll outsourcing allows you more time to focus on managing your core business
Depending on the level of sophistication and control you’re looking for, you can call, fax or email to us the amounts to pay your staff, or input that info into a secure internet site. We’ll take it from there, computing accurate net pay, printing and delivering checks and reports, arranging for tax monies to be debited from your account.
You provide us with specific bank account numbers for both your business and your employees. We work with the bank to process the Direct Deposit transactions.
Any size organization can use our payroll services starting from 1 to more than 100.
Absolutely, simply provide us documentation on your plans and we will incorporate the calculation and tracking of accrued and taken PTO time each pay period.
We’re happy to give you a free estimate. Call or email us today.