Payroll Outsourcing Services
Payroll outsourcing services streamline your business operations by handling all aspects of payroll management efficiently and accurately. From calculating wages and taxes to issuing payments and managing compliance, these services ensure that your employees are paid on time and in accordance with regulations.
With Globus Finanza’s experts dedicated to managing payroll tasks, you can focus on growing your business while leaving the complexities of payroll processing in our capable hands.
Partnering with payroll outsourcing services guarantees confidentiality, accuracy, and timeliness, allowing you to enhance productivity and maintain employee satisfaction seamlessly.
Get the Best Payroll Outsourcing Services. We offer end-to-end solutions for businesses with Complex Payroll Needs
Record Keeping
Precision in record-keeping is our forte. We meticulously maintain comprehensive details for each employee related to maintaining master details where in employee id, personal details, and perquisites data and maintain transaction details where in attendance, deduction which ensure accuracy and transparency in every payroll period.
Payroll Processing
Efficiently managing all aspects of payroll, our service includes thorough timesheet analysis, precise payroll computation, and handling of taxes and deductions. We adapt to your preferred schedule, offering various payroll cycles to suit your business needs.
Payroll Tax Reporting
Our Online Payroll Services for Small Businesses include online submissions of employee-related compliance statements including tax payments to various authorities such as revenue authorities, social security authorities, and other authorities before statutory deadlines of the country.
Payroll Accounting
Post-payroll processing, we ensure all transactions are recorded accurately in your financial books, with regular reconciliations to maintain financial integrity.
Payroll Tax returns and forms
Efficient and accurate payroll tax return services, ensuring timely filing of all required forms and compliance with state and federal regulations. Simplifying your payroll process so you can focus on growing your business.
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Benefits of using our Periodic Closing & Reporting Services
Efficiently handle payroll tasks, including salary calculations, deductions, and direct deposits, ensuring accuracy and compliance with tax regulations in the context of outsourced accounting and finance services.
Maintain accurate and up-to-date employee records, including tax withholdings, benefits, and other relevant information, contributing to accurate financial reporting and compliance.
Administer employee benefits, including health insurance, retirement plans, and other perks, ensuring accurate deductions and compliance with regulatory requirements within the context of outsourced accounting and finance services.
Handle year-end payroll processing, including issuing W-2s and other necessary documents, ensuring compliance with tax regulations and facilitating a smooth transition into the new fiscal year.
Frequently Asked Questions
We adapt to your preferred payroll schedule, whether it’s weekly, bi-weekly, monthly, or another frequency. Our flexible approach ensures that our services align seamlessly with your business operations.
We use the best payroll software to process payroll like ADP, QuickBooks, Gusto, Paychex, Paylocity, etc.
We charge fixed payroll setup fees for one time, employee onboarding fees for new employees, and variable fees per employee for every payroll run.
- Revenue Transactions
- Bank Accounts information & statement
- Previous year’s financial statements and tax return copy
- Inventory details
- Intercompany Transaction
- General Ledger
- Any other information for year-end accounting
Our team meticulously calculates gross pay, determines the correct deductions, and maintains rigorous audit trails for payroll records. This comprehensive approach ensures compliance and accuracy in every payroll cycle.
Tally up all transactions, and close out the accounts payable and receivable. accumulate receivables, accrue debtors’ obligations, adapt entitlements and grants, etc.
Yes, you can share your employee’s data without any hesitation, your data will be completely kept secure. We use secured IT infrastructure for sharing, processing, and reporting client’s confidential data.