Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Payroll processing services


Published on

Olive tree management consultancy helps you with all payroll related issues.

Published in: Economy & Finance
  • Be the first to comment

  • Be the first to like this

Payroll processing services

  2. 2. Table of Contents • Brief Introduction • Summary of Service • Document Collection at Client End on routine • Process at Out sourced Premises • Types of Reports
  3. 3. Brief Introduction Olivetree Management Consultants Private Limited • Providing services since 2008. • Professional in providing services in accounting, payroll, ETDS , Company Affairs and allied financial services. • Continue to run payroll for various client ranging 75 to 80.
  4. 4. We Provide Type of Payroll services to client Online Offline
  5. 5. Summary of Service PAYROLL OFFLINE SERVICE INCLUDE FOLLOWING: Deployment of an in-charge person for collecting the data & circulating the information to the client & employees of client, • • Further to that the following aspect shall be taken care by the in-charge person • Collecting of Information from HR Department about the existing • Tax computation and Tax deduction at source • Professional Tax applicability • Report Generation • Payroll Register • Pay challans • Pay vouchers • Pay Slips with password protected • Year end investment document verification and Tax computation for year • Preparation of TDS challans • Preparing full and final settlement for the resigning employees • Automation of all payroll-related processes
  6. 6. Summary of Service PAYROLL ONLINE SERVICE INCLUDE FOLLOWING: • In Online service • Each employee will get separate ID and Password for the maintaining his profile, leave data and to generate reports.. Such as pay slips, computation of income for tax liability, also provide Self declaration for Investment and personal details • A HR ID will be given to maintain leave, employee database and allied information and approve the requisition of employees • Based on the information given by the employee and HR, the payroll shall process at the outsourced premises and submitted online.
  7. 7. Summary of Service PAYROLL OFFLINE/ ONLINE SERVICE INCLUDE FOLLOWING:  Management of ◦ ESI ◦ PF
  8. 8. Document Collection at Client End  Employee Details  Name  Copy of PAN  Address Proof  Soft copy of Photo  Date of Joining  Salary details  Monthly CTC  Performance Bonus , if any  Employee Declaration about the investment  Salary structure
  9. 9. Process at Out sourced Premises  Upon Collecting of Documents:  Process the monthly payroll  Generate the requisite reports  Process the Individual Tax computation  Upon the Process:  Send the reports to the finance department  Payroll register  PF challans  PT challans  TDS challans  Bank transfer letter  Send the draft copies of computation to each employees  Send the Pay slips to the employees
  10. 10. Thank you Contact us:  Address: No. 137, Ground Floor, 15th Cross, B/w 4th and 6th Main Road, Malleshwaram, Bangalore – 560 003  Ph: (080) 2344 3636 || 9844717161 || 99451 79868  