Payroll Management

We at Eminent Professionals offers its clients a well-organized Payroll mechanism by ensuring that the Payroll has been correctly calculated and processed according to the timesheet of our client’s employees. We provide proficient high quality payroll services. Our services includes end-to-end payroll accounting, tax administration and reporting services. Take advantage of our expertise and lighten routine administrative tasks by partnering with us. Reduce costs and increase profits. Our team at Eminent Professionals have required expertise to calculate and pay the payroll tax and file your payroll returns.

What we Serve?

  • Monthly Payroll and Tax Accounting
  • Salary and benefits structuring
  • F&F Computation and processing.
  • Pay slips emailing
  • Submission of various statutory returns to various government authorities.
  • Management of temporary staffing
  • Recruit employees as per client’s specifications
  • Recruitment process outsourcing.
  • Tax Planning
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Who can opt?

  • Companies (Small/Medium/Large)
  • Partnership Firms
  • Limited Liability Partnerships/LLC

Documents Required

  • Employee register maintained by organization.
  • PAN, Employee Id and other forms as required
  • Any other detail as required.

Benefits of Outsourcing Payroll

  • Fast turnaround
  • Streamlining of all payroll processes
  • Reduced investment in IT infrastructure
  • Well planned resource deployment
  • Adherence to compliance and statutory requirements
  • Intelligence that would help top management in decision making.
  • Minimal-risk of penalties due to non-compliance
  • Speedy and efficient resolution of all employee concerns

Is payroll an accounting function?

Yes payroll is an accounting function because it involves posting money into general ledger, computing benefits, deductions, complying to other accounting functions

Regular preparation and sending of invoices

Proper preparation of the invoices and sending it at the appropriate time is one of the crucial tasks in the businesses. So, we should carefully prepare and post the invoices in the proper destination

Updating payroll file

We update the payroll file of the employees keeping in mind the various statutory and regulatory requirements. We keep track of the various employee benefit schemes and process appropriate expense journals on the basis of our employee-wise workings

What is processing payroll?

It refers to the computation of payroll and then its disbursal. The payroll processor computes salaries based on hours worked, allowances, benefits, variables (if any), deductions to arrive at net pay.

Recording customer billings and payments

Businesses should make appropriate customer billings and the payments on each of the purchases.

Filing vendor bills and payment records

The generation of the bill for all the different vendors is appropriately made. Also, all the records of the payments are done in the bookkeeping correctly.

Improve Business processes with our complete range of Services

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