Payroll Calculation
EXPERT ACCOUNTING implements payroll calculation services for different types of employment (normal working hours, shift employees, different types of shifts), prepares timesheets and calculates payroll based on local legislation requirements. We always ensure the privacy of salary data. Legislation changes are always followed up and considered in calculations.
As payroll calculation is one of the most important and time-consuming aspects in accounting and tax reporting, we will help you reduce the time spent on those operations. The risk of errors and breach of deadlines will be minimized for your company, as team of professionals are working on payroll calculation projects.
We will:
- prepare excel working documents for timesheets,
- calculate the payroll,
- reconcile the data with accounting software,
- make the data transferred to your internal software (if any)
- prepare payroll reports for management (in English and/or Russian) and tax authorities
- keep record of unused annual leaves for each employee
- prepare annual leave orders and calculate average salary
- email pay-slips to employees
- calculate sick-leaves and business trip expenses
- calculate bonuses and other additional payments.
We will:
- prepare excel working documents for timesheets,
- calculate the payroll,
- reconcile the data with accounting software,
- make the data transferred to your internal software (if any)
- prepare payroll reports for management (in English and/or Russian) and tax authorities
- keep record of unused annual leaves for each employee
- prepare annual leave orders and calculate average salary
- email pay-slips to employees
- calculate sick-leaves and business trip expenses
- calculate bonuses and other additional payments.
WHAT YOU GET
FULL PAYROLL MANAGEMENT
We are considering all the tricky parts of labor and tax legislation when calculating payroll. Besides all the leaves (sick, annual, maternity etc.) are taken into account. The calculation can be made for any type of shift.
APPROPRIATE TAX REPORTING OF PAYROLL
As we usually keep payroll calculation in Armsoft (accountant/wages), we take care of automating proper payroll report to be exported from the accounting system directly to tax service reporting system.
AUTOMATED PAY SLIPS PREPARATION
As part of payroll process we suggest sending pay slips to employees to have all the potential questions answered. This is fully automated process, once correct types of calculated amounts are booked in the payroll system.
UPDATES ON LEGISLATION CHANGES
As part of our professional service, our specialists are always kept updated on all kind of legislative changes, which we properly adopt in our planning and calculations. Hence your risks of making a mistake is minimized.