1. Aruti Payroll Outsourcing Services

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

3. 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.

4. 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

5. 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

6. 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

7. Fees and Billing Arrangements :
Charged per employee per processing cycle