Running the monthly payroll is a lot more than just signing the cheques….it can involve fairly complex tasks like computing TDS, keeping track of tax laws in order to achieve the right balance between flexible allowances, and so on. At the same time, meeting deadlines is crucial, and so is ensuring that each employee's information is readily available in a user friendly format.

The following services form part of Guitcom's payroll service package:

	Maintenance of employee master records
	Computation of monthly gross and net pay
	Calculation of incentives and other variable payments
	Structuring of flexible allowance pay packages
	Computation of various deductions such as PF, loan repayments, etc.
	Computation of TDS on a monthly basis
	Generation of customized pay slips (content and format can be adapted and your business logo included)
	Issuance of cheques/Bank transfer instruction in certain cases
	Issuance of TDS certificates on an annual basis
	Filing of TDS returns as applicable
	Filing of PF and other returns

We run the payroll by dates agreed with you. Pay slips are generated in the agreed format and mailed to you, along with the payroll list for the month. There is also an option of employee payroll information being made available through the dynamic section of our website. This way, each user is given a login ID and can access his/her personal information at any time.

We can also take on additional HR administration tasks on your behalf, such as maintenance of leave records, screening job applications, writing job descriptions and implementing appraisal systems.

To find out more about our accounting service, contact us for a free preliminary consultation…