We perform monthly payroll accounting for all your employees, and prepare and send employee withholding tax reports and documentation of contributions for social security. We also set up payroll accounts and handle all reporting of payroll additions and removals, reports to the employer’s liability insurance association and for workers’ compensation contributions, applications for refunds for employer expenses under the Expense Compensation Act, and other reporting required by law. We prepare individualized booking vouchers and also carry out all payment transactions associated with the HR system.
Our services at a glance
- Monthly payroll accounting for your employees, including preparation of necessary reporting for both expatriates and local employees
- Management of payroll accounts
- All necessary reporting of payroll additions and removals
- Preparing and sending reports of contributions to social security and withholding tax reports
- Sending monthly pay statements to employees
- Preparing all relevant certificates
- Handling all payment traffic and maintaining trust accounts where applicable
- Preparing individual accounting receipts
- Assistance and cooperation for employee withholding tax audits, social security audits, audits by the unemployment administration’s job centers
- Consulting on all issues of employee withholding tax and social security law
- Processing travel expense claims and developing travel expense guidelines
- Calculating reserves for vacation pay and pensions
- Supporting your in-house HR accounting
- Setting up HR accounting
- Reviewing pay statements and the necessary reports
- Planning and organizing accounting procedures
- Providing support from qualified personnel for bottlenecks, etc.
- Recommending and implementing software programs