Small project or business:
The cost of a small or large project consists of two parts: connection (one-time payment) and directly conducting the project (periodic payments). The connection is the transfer of data (databases) from the client to the provider, setting up the necessary report templates and uploads, etc. Project management - the cost of this part of the project depends largely on:
- number of employees;
- number of legal entities;
- the number of separate units;
- the number of accruals and deductions used;
- number of additional reports (in addition to standard);
- amount of inter-settlement.
For a more detailed evaluation, a special questionnaire is used, which is filled in before the start of the project. Naturally, all the transmitted information is strictly confidential and appropriately protected.
Different parts of Payroll:
The payroll consists of three parts:
- title section
- table part
- final part
The title part contains the name of the enterprise (surname, name, and patronymic of the individual entrepreneur) and, if available, its structural subdivision.
In the upper right-hand corner, you must specify the period within which the payments are made by the head of the enterprise. Such a period cannot be more than five days, including the day of withdrawal of cash from a bank account. In addition, in the title part of the statement in the column "Date of compilation" the date of its compilation is indicated, and in the column "Number of the document" of the payroll, the number is put in accordance with the registration in the journal.
At the same time, the date of drawing up the statement should not be later than the date of signature of the chief accountant and the time of payment of funds. Also, in the title part, the total amount of money that is supposed to be given out to employees is indicated in figures and in words. The tubular part of the statement contains information about payments.
Payroll Services for Small businesses by UCMS Group:
According to the leading rating agency expert, UCMS Group was among the top companies, which provided payroll services for small businesses, as it performed millions of payroll operations during work and is aware of the latest changes in the legislation in the field of wages, including tax payments, deductions to the pension fund, income tax and other mandatory contributions. A business can receive high-quality services from them, in calculating wages, as well as reducing the risks associated with non-compliance with legislation. It offered customers, a combined model of payroll services and self-management of HR records based on the online portal, as well. They guarantee online access to payroll and HR records in the 24/7 mode (24 hours a day, 7 days a week).
Payroll Services for Small businesses by Uni-staff Payroll Solutions:
Uni-staff Payroll Solutions, is another payroll firm, offering payroll services for small businesses By Weaccountax. It performs for you, a full range of tasks related to the administration of settlements with personnel. Working with this firm is simple and convenient, as the efficiency of solutions has been verified by the time and is confirmed by the successful experience of working with international organizations specializing in various business areas. They calculate the salary considering the existing types of accruals and deductions in your wage system, and the complexity of the calculations does not affect the cost or quality of services, as specialists will help to correctly determine the order of taxation of types of payments, compensations, and benefits provided by your local policies, considering the requirements of the current legislation. They also calculate for you, all statutory taxes and ensure their timely payment. Based on the results of each reporting period (month, quarter, year), they independently prepare and submit for you all types of mandatory reporting.
For what services, the client pays?
Outsourcing of the salary can be divided into basic/typical (those that are constantly, regularly, on schedule) and additional (episodic, one-time and/or adapted to the needs of the customer). The client can form a package of services for himself so that in addition to the basic ones, the additional options that interest him are included. In this case, the cost of the latter will be lower. The only condition is to indicate the list of all necessary additional services at the stage of negotiations on outsourcing so that the scope of work can be estimated and considered, the admissibility of a commercial proposal.So, basic services include calculating salary and advance payments, as well as preparing reports to state bodies. When ordering them, the client receives:
- settlement and payroll with analysis by department, cost centers, types of payments (depending on needs);
- amounts to be paid (information for the payment of salaries);
- the amount of taxes payable;
settlement sheets prepared in any convenient form (for e-mail distribution, for posting on the portal in the personal offices of each employee, on paper or in a general file for HR-service);