How Outsourced Payroll Processes Help Your Company
Preparing and paying your employee’s salary timely is an ever important task for any business or organisation. And to make matters worse, this payroll management process is further complicated by components like government remittance, allowances, deductions and many other provisions.
It’s no surprise many business owners find themselves struggling to meet their deadline every month, just trying to prepare their payroll documents. And we haven’t even gotten down to the actual part about paying your employees yet.
That’s why as an accounting service provider for small businesses in Singapore, our goal is to simplify these processes for you. Especially if your business is in the F&B industry. With our advanced payroll software systems in place, you can focus on your business and let us balance your accounts for you.
Don’t Miss Another Salary Payment
As a business owner, you should already be aware of the requirements as per Singapore’s Employment Act. Every month, it is necessary for companies to pay their staff their salary within 7 days of the end of the salary period. Missing this deadline is an offense and guilty companies are subjected to fines and other penalties.
Our role here is to simplify calculating your staff’s salary and filling in the statutory contributions for you. We’ll help you calculate working hours, bonuses, sales commissions, claims, and other tax deductible items. We can even support with you any electronic submission like CPF contributions, NS Men pay, and even maternity and paternity child care leave.
Letting an employee go? Just let us know when is the last day and we’ll handle the rest for you. That includes calculating any unused annual leave and off-in-lieus as per your company’s policy.
So why not give our friendly support team a call right now, and they’ll be happy to help you with your company’s payroll requirements and statutory practices.
Schedule a FREE Consultation Now!
Speak to our friendly consultants who are ready to help you with your accounting questions. Simply click on the button and fill in the form on the next page or call us at 9455 0440.