Payroll Processing & Consultancy

Payroll can be very simply defined as administration of the financial record of Employee Salaries, Wages, Bonuses, Net pay and Deductions. An employer , regardless of the number of the employees they employ, must maintain all records pertaining to payroll for a minimum period of 4 years as it may be required any time. Faster, easier payroll that unlocks insights improves compliance and drives toward comprehensive human capital management. Payroll is not about paying your people. Doing a better payroll means lower risk of compliance penalties, expertise in tax & payment compliance matters, better management of business cash flow etc.

Activities

Issuing digitally signed Form 16

Individual monthly Tax Calculation Sheet with Payslip

Code wise / Cost Centre / Department etc. wise Salary / Summary details

Bank Advice for Salary Transfer

System generated file for filling Quaterly and Anuual Return ( Form 24 ) of salary

Processing Reimbursements

Loan Management

Provide Web based reports to individual Employees such as Payslip , Tax card , YTD Statement , Investment Declaration , Loan Statement , Salary Statement

Compatible with SAP , Peoplesoft , JD Edwards, SUN Microsystems Accounting Systems

 

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