Full scope payroll services include:
- Enter new employee records and report new employees to the authorities
- Process termination of employees in the system, prepare exit documents and report the end of employment to the authorities
- Maintain employee master data, process salary increases or modifications, pay adjustments (bonus, allowances, deductions)
- Input timesheet data, keep record of vacations, sick leaves etc.
- Calculate individuals’ monthly salaries
- Prepare monthly pay slips
- Calculate the net salaries to be transferred
- Calculate the monthly tax liabilities, contributions, deductions and fees (as payable to the authorities)
- Submit monthly payroll reports to the authorities
- Prepare the basic monthly and annual forms and returns, covering Personal Income Tax and Social Contributions
- Social security and maternity leave administration
- Monthly cafeteria (fringe benefits) administration
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