Payroll Outsourcing

Scope of Services – Payroll

Standard Payroll Services
201 Employee Maintenance	Employee information relevant to payroll processing such as basic pay, tax exemption unit, and payment schemes are maintained and updated.
Payroll Processing	Processing of the monthly and semi-monthly paid employees. Computes the salary of employees which accommodates unlimited types of earnings (taxable, non-taxable), deductions and other payroll policies.
Loans Management	New loans are encoded in the system for processing. Loan payment history of employees are also maintained and monitored.
Payroll Register, Bank Advice and E/Payslip	Soft copy of the basic payroll reports. Summaries will be printed in hard copy format.
Payroll Reports	Available reports in printed format: Earnings Registers Deductions Registers Loans Registers Loan Deduction with Loan Summary List Of Suspended Loans List Of Reduced Loans Deductions
Government Compliance Reports	Available reports in printed format and upload format whenever applicable: Monthly Loan Reports Monthly SSS Contribution SSS R1 A Monthly Pag-Ibig Premium Report Monthly Pag-Ibig Loan Report Monthly Philhealth Report Quarterly Philhealth Report (RF-1) Philhealth ER 1 Monthly Gross & Tax Report Annual Tax Withheld Report Alpha List BIR 2316 (W2) (softcopy) Government Certifications
Government Compliance Forms	Preparation of required documents and forms: BIR Monthly Remittance Return of Income Taxes Withheld on Compensation (1601-C) BIR Monthly Remittance Return of Final Income Taxes Withheld (1601-F) SSS Contributions Payment Returns (R-5) SSS Payment Return – Salary/ Calamity/ Educational/ Emergency/ Stock Investment Loan (ML-1) PhilHealth Insurance Corporation Contributions Payment Return (ME-5)
Annualization / Pre-Annualization	Annualization is processed based on the client’s required schedule. A pre-annualization process can be requested to forecast any refund or payable tax differences of employees. The printed Annual Tax withheld Report is generated.
Audit Trail Reports	The following reports are provided to the client after changes are made in the system: Employees Master File Updates Loan Master File Updates
Premium Services
Payslip printing and Payroll Register Printing	Confidential payslips Printed payroll registers are available.
Final Pay Processing	The final pay of resigned employees is computed based on client’s policy. Generated reports are as follows: Final Pay Report (Detailed- salary and tax) Individual Payroll Register (see list of reports) Bank Reports BIR 2316 (W2) Printing of Quit Claim Report and COE are also available.