Payroll processing involves calculating and disbursing employee wages and taxes on a regular schedule, ensuring compliance with legal and regulatory requirements. Payroll is typically a business operating expense as long as the employee helps with the production or servicing of your goods and services. Payroll is an essential function for every business to have since it helps determine how much the company must pay its employees in total over a certain time period. For small and medium-sized firms, paying employees on time and correctly can be a laborious chore, but it is necessary because failing to do so will result in disgruntled workers and fines from the government. The tasks involved in payroll management, such as timesheet mapping, employee pay slip preparation, salary preparation, employee benefits, and more, can take a lot of time.
Payroll Management Services We Offer
Clearview Biz Solutions as an outsourced payroll service provider offers the following services –
Payroll data entry, payroll data processing including tax calculation
On-time payslip generation and emailing
Calculating the exact amount due to employees after deduction of taxes
Recordkeeping & administration
Map the timesheets and prepare employee payslips, salary, and PF
Monthly, Annually Employer or Statutory compliance
