Net-Payroll Services is a dynamic business and we have experience in providing both value added and innovative solutions across a number of industries and personal tax returns Net-Payroll Services
Personal Tax Returns
Net-Payroll Services is a dynamic business and we have experience in providing both value added and innovative solutions across a number of industries and not limited to any size o
f business. We are sure pay day is your employee’s favourite day. We are also sure the run up to it is not your favourite time. If you wanted to process payrolls you would have made a career out of it but now you are stuck doing a task you don't like. You may have many other things you need to be doing but can't get to them as payroll needs to be run NOW!!! Leave payroll to us and you get to do those many other things you need to be doing. Outsourcing can free up valuable resources and allow you to invest them in more profitable areas of your business. When you take staff cost, training cost and annual software licensing cost into consideration, outsourcing your payroll can be a real saving to your business. Most businesses want to concentrate on what they are good at and leave the payroll tasks to the experts. Payroll service to suit your business
We offer the most comprehensive, value-for-money payroll solutions. Using the latest payroll software, we ensure your staff is paid accurately, on time, every time. We have a flexible range of services ensuring your needs are fully met.
• Bureau Payrolls
SERVICES:
Ranging from end to end payroll outsourcing to process management for each function between employee time entry and employee and third party payments.
• Employee Information
o Changes to Master data:
New engagements, terminations, promotions, capturing of salary and increases, etc.
• Systems Maintenance
o Legislative changes
• Payroll Preparation
o Updating of Payroll systems for these employees:
Monthly / Bi Weekly / Weekly (temporary) pay information
Monthly / Bi Weekly / Weekly (permanent) pay information
• Payroll Processing
o Review payroll results
o Final pay run procedure
o Printing of reports
Pay-slips
Deduction Schedules
Payroll reports
Reconciliation of the pay run reports
o Leave management (All leave categories)
o Interface with accounting system
o Archiving of payroll documents and data
Third Party Payments Processing
o (SARS, Medical, Pension Fund, Provident Fund, employee specific deductions, etc.)
Effecting of Payments
o Interim payments to employees and Third Parties
o Monthly/Bi Weekly/Weekly electronic payments to employees
o Monthly electronic payments to Third Parties
Mid & Year End Procedure (TAX)
o IRP5/ IT3A Certificates issued
o SARS import of disk to E@SYFILE
o Annual Tax reconciliations
o COIDA Returns
o EE Return
Payroll Reconciliations
o Reconciliation of payments
Reasons for deciding to outsource your payroll function could include;
• Fixed cost structure helps with your budgeting
• Increased confidentiality with payroll details kept off-site
• Expertise in payroll – be fully tax compliant
• No annual maintenance charges on software
• No payroll software/stationery requirements
• No training costs
• No recruitment needs for payroll administrators or wage managers
• Why pay a high salary when you can outsource for a lower fee
• No longer worry about confusing and complex legislation
• Minimize your IT investment or involvement
• We ensure your business remains compliant with current payroll legislation
• Elimination of Duplications
• Company structures and employee benefits traditionally dictate that multiple Payrolls are being maintained
• No internal fraud within your payroll
• Within one organisation or group. Our Solution caters for the consolidation of multiple entities on a single database, resulting in a single set of returns, reconciliations, interfaces, 3rd party files and payments.
• Newest changes in tax tables, UIF amounts etc applied to your payroll as soon as they happen.
• Payroll Processing - You are not restricted to a single run per pay period but have the flexibility to run as many as you need.
• Unlimited interim or final pay calculation runs within a pay period. While the design of the system caters for employees with a fixed number of pay periods in a tax year, it has the ability to effectively manage employees
