About the product
Every organization needs to process the payroll of their employees in a timely and accurate manner. This, however, is not the simplest thing to do. Are you able to comply with the statutory and tax regulations (that change from time to time) while managing all of that.
If not, you should consider engaging the services of payroll outsourcing companies if the time you spend taking care of all that appears unreasonable.This can be preferable than setting up and managing payroll in-house.
With an outstanding customer portfolio and business network, CBSI is now a pool of seasoned business consultants with specific expertise on accounting, payroll, bookkeeping and financial software. Our collective experience of more than 10 years in the industry of accounting and payroll services processing has proven that we can process a considerable number of payroll records on a monthly basis.
We have a proven record of more than 99% accuracy in payroll processing and have a team of highly qualified accountants who focus exclusively on payroll and accounting. We ensure complete confidentiality while providing transparent employee communication, meeting statutory requirements and doing basic payroll calculations to provide end-to-end small business payroll processing.
Preparation of Payroll register, Payroll Journal Entries and Pay Slip
Year-end Alphabetical listing (Alphalist BIR #1604CF)
Preparation of BIR Form 2316 for individual employees as proof of Income tax payment of the employee.
List of Requirements for Payroll Outsourcing:
>Employee details and a copy of the Contract of Employment for each employee.
>Form 2316 of previous employer, if any.
>In case of termination/separation of employment of an employee, the Client shall inform CBSI at least 30 days before the effectivity of the termination/separation for the computation of the employee’s last pay.
If not, you should consider engaging the services of payroll outsourcing companies if the time you spend taking care of all that appears unreasonable.This can be preferable than setting up and managing payroll in-house.
With an outstanding customer portfolio and business network, CBSI is now a pool of seasoned business consultants with specific expertise on accounting, payroll, bookkeeping and financial software. Our collective experience of more than 10 years in the industry of accounting and payroll services processing has proven that we can process a considerable number of payroll records on a monthly basis.
We have a proven record of more than 99% accuracy in payroll processing and have a team of highly qualified accountants who focus exclusively on payroll and accounting. We ensure complete confidentiality while providing transparent employee communication, meeting statutory requirements and doing basic payroll calculations to provide end-to-end small business payroll processing.
Preparation of Payroll register, Payroll Journal Entries and Pay Slip
Year-end Alphabetical listing (Alphalist BIR #1604CF)
Preparation of BIR Form 2316 for individual employees as proof of Income tax payment of the employee.
List of Requirements for Payroll Outsourcing:
>Employee details and a copy of the Contract of Employment for each employee.
>Form 2316 of previous employer, if any.
>In case of termination/separation of employment of an employee, the Client shall inform CBSI at least 30 days before the effectivity of the termination/separation for the computation of the employee’s last pay.
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