Payroll Outsourcing Services
Payroll Outsourcing activity is increasingly becoming an important strategic step toward realization of better productivity for an organization.
Outsourcing in the domain of Payroll and HR Operations is releasing substantial man hours in the system which is getting utilized in aligning the employees toward the core objective of the organization and thereby more productivity and commercial success for the organization.
In order to meet the new challenges in the field of Payroll Outsourcing by leveraging the strength of IT & Software, there are many possibilities to automate various activities within Payroll Management. This removes the chances of clerical errors while salary processing and throws up accurate and real-time reports along with host of Employee centric features.
Toward this end, we at Xternal Co, are contributing our bit to increase productivity of businesses by offering our expertise in implementing innovative services in Payroll Management, which in turn enhances the image of Employer before their Employees.
We offer a complete payroll solution from the computation of employee salaries and bonuses to the preparation of the required compensation-based reports that need to be submitted to SSS, PHIC, HDMF, and BIR.
Our Payroll Outsourcing Services includes:
- Computation of basic salaries
- Computation of overtime pays, night differentials, rest day and holiday pays
- Computation of employee leaves
- Keep track of available leave balances
- Computation of WTAX, Annual Tax, Final Tax, Fringe Benefit Tax and other taxes applicable to the employees
- Computation of SSS, PHIC, HDMF and Union contributions
- Computation of loans and other employee deductions
- Computation of 13th month pay and other bonuses and benefits Preparation of Monthly, Quarterly and Annual government forms and other reports such as
- SSS Form
- R5 SSS R3 with data file
- SSS ML1
- SSS ML2 with data file
- PHIC RF1
- HDMF MCRF
- HDMF STLR
- BIR Form 2316
- BIR Form 1604-CF with Alphalist and data file