If you own and run a company and you have employees then you will know how important it is to the payroll right. It can be a worry for business owners if they have no payroll schedule or system in place. If you own a company and there is just 2 or 3 employees then the payroll is easy enough to do manually and it can be kept on top of on a weekly or monthly basis. What happens when you have dozens of employees? You need to have a payroll system in place and a payroll clerk or accountant that oversees the operation.
There are many different kinds of payroll systems on the market today to help you computerise your entire company payroll. Using a computerised software system can make the job a whole lot easier and can be operated by just one person. Of course if you would like to outsource the whole process for your business there are many companies offering payroll services.
Using one of the payroll companies will mean that your payroll is kept secure and private, the service is personal and means that you can free up other administrative staff for other duties. These companies will keep up to date with all employee pay whether it is weekly or monthly and will prepare payslips showing all tax and national insurance deductions for every employee.
At the year end the company will produce accounts for all your employee’s pay details so that your accountant can easily do the full set of year end wage accounts for your business. They will also take care of all statutory payments for example maternity or paternity pay and attachment of earnings.
If you are looking for a company that deals with payroll then start looking in your local area in trade directories or sometimes companies advertise their services in local newspapers. There is no better recommendation than word of mouth so if you know other business owners who use a payroll company then ask for recommendations if they are a reputable company and contact them to see if they can accommodate your business needs for payroll.
Payroll by clock.co.za. Visit their website today if you’re looking for Time Clock Systems.