Baker Tilly offers outsourced payroll services to business entities, which help them save time and effort and focus on their core business as well as reducing the costs related to a payroll system and maintaining confidentiality and security of their information. Furthermore, Baker Tilly provides highly accurate, flexible and comprehensive payroll management software.
Outsourced payroll services comprise:
- Collecting and classifying the staff data and creating all-inclusive database;
- Developing the payroll;
- Preparing reports on gross salaries, benefits, allowances, social security contributions and net amounts payable to the employees;
- Issuing checks and direct deposit in bank accounts;
- Preparing payroll accounts and social security payment orders;
- Preparing social security declarations;
- Registering employment contracts; and
- Calculating end of service benefits and leave salaries.