Payroll

Did you know that two out of every three businesses that prepare payroll in–house pay penalties every year? Penalties for incorrect payments or reporting on payroll are very costly. So costly, in fact that the cost of preparation services for an entire year can generally be paid for by just a few penalties.

Our in–house payroll service offers you high–quality service with processing by accountants rather than data–entry clerks who don’t always understand the ramifications of transactions. Our integrated approach makes tax preparation easy since we already have all of your payroll records and can advise you throughout the year. There are two methods we can use to process – one which maximizes cash flow and one which eliminates worry of spending your employees’ escrowed payroll taxes. Ask us which one best fits your needs.

Cash Flow Maximization

In every growing business, the top priority is cash flow. When you utilize our payroll services, we can help you keep your money as long as possible and utilize your cash. On pay day, outside payroll processing services usually draft the net amount of all of your employees’ net salaries and the taxes that will be due on that money. In some cases, the taxes will not be paid for weeks or months. Therefore, they earn interest on your money and you do not have the cash available to assist you in maintaining your businesses cash flow needs. We will prepare your payroll and let you know the amounts of your taxes and remind you when they are due. Therefore, your cash balances can be maximized and you can pay your taxes only when they are due.

Payroll Solutions

• Management and staff salary structuring
• Weekly wage preparation and pay slips
• Monthly Salary preparation and pay slips
• Monthly PAYE/UIF/SDL Returns (EMP201)
• Employees Tax Reconciliation (EMP501)
• Employee Contracts
• Other Payroll Administration
• Monthly Payroll Reports