Monday 12 August 2013

Payroll Service Provider Bangalore



Payroll services


At s3solutions , We process your payment instructions, generate payroll and statutory reports, bank payment files, as well as electronic payslips for your employees and submit it for our purview. We give individual attention to all our clients and address their payroll queries and render advice on payroll policies and practices.
        As part of the outsourced payroll services, we also handle the payroll restructuring, payroll planning and salary restructuring of the clients’ employees, with a view to optimally plan their tax payments.We also handle third-party payroll requirements of some of our clients.


Key features of S3 Payroll:


  • Receipt of pre-payroll input data from the client viz.,
  • Attendance details
  • New employee details
  • Deductions – other than income tax
  • Leave details – CL, PL and SL category
  • Performance bonus or any other additional allowances
  • Overtime payments
  • Salary design and structure
  • Input verification and preparation for processing
  • Payroll processing, output file generation, post process output validation and quality checks
  • Pay-slip generation
  • Capturing employees yearly tax plan & determination of monthly tax computation
  • Circulate following to company designated official for review & approval
  • Salary Register
  • Bank advice
  • Other agreed reports, if any
  • Fund transfer of salaries into bank accounts of employees
  • Full and final settlement procedure – coordination with the concerned HR.
  • Obtain the self-declaration statement from the employee and compute the TDS worksheet
  • Preparation of the TDS Certificates (Form 16) and issuing the same to all employees   

2 comments:

  1. hey nice source for us,thanks for sharing this information of business accounting services.We give individual consideration to all our clients and address their accounting services and make suggestion on tax and accounting services and practices.

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