Aruti Payroll Outsourcing Services

Contents: Aruti Payroll Outsourcing Services Key Features and Benefits Payroll Reports Payments On your Behalf Fees and Billing Arrangements

Aruti Payroll Outsourcing Services: This is an alternative service that is offered by our company as an alternative to purchasing Aruti Payroll Software and employing a payroll accountant to processes the payroll periodically Services include: Processing payroll periodically Paying remunerations, Social Security Contributions and Income Tax Manage Employee Severance Payments on Contract Termination (if applicable) Calculating Social Security and Income Tax Payments Preparing Payroll Journal Vouchers and Provisions Preparing annual Income Tax and Withholding Vouchers. Advisory services on the Application of Legal and Tax Standards for Managing Payroll.

Key Features and Benefits: Cost Savings No need to buy payroll software No need to employ Payroll Accountant Avoid fines and penalties for getting the formulas wrong or late submission More Productivity Free up your time and invest it in your core business production Get access to world class payroll services Complementary Services Let us handle your payroll audit queries Get direct access to our payroll experts Free use of our online Human Resources Tools

Payroll Reports Offered Includes: Payroll E&D Report List of all employees with their Earnings and Deductions Payroll Head Count Report Employees in previous Pay Period as Compared to Current Period Payroll Variance Report Comparison Amounts Paid in Two Pay Periods Salary Change Report List of employees whose salaries got changed Loan Report List of employees with their Loans, Deductions and Loan Balances Payroll JV (Payroll Summary) Payroll Summary for Posting Back to Financial System Bank and Cash Payment list List of employees for Bank and Cash Payments Statutory Reports Depending on Local Regulations

Payment on your Behalf: Direct Client Pay: After Approvals of Payroll Reports Client pays direct to employee accounts or Cash Payments Client Pay Social Funds and Revenue Authority Client Pays to our Bank Account After Approval of Payroll Reports Client Pays to Our Bank Account Funds transferred to Employee Accounts Funds Transferred to Social Funds and Revenue Authority

Fees and Billing Arrangements : Charged per employee per processing cycle