Outsourced Payroll Management
An organisation can process payroll manually, outsource it or use a payroll service platform.
Processing payroll manually involves using Microsoft Excel or another solution to calculate the tax owed and
how much to withhold from employees. This may work when there are only a few employees,
but it can often take more time and increases the chance of error.
Payroll processing involves calculating employee wages, withholding taxes,
tracking employees’ number of worked hours, and more. Therefore,
it’s crucial to leverage professional assistance to ensure compliance.
ACPL installs the payroll process to manage all the steps of paying your workforce,
from gathering employee information to sending your staff their pay checks. Depending on your company,
this process is either handled manually or automated using a payroll system.?
Collect Employee Tax Information: The first step in processing payroll is gathering the necessary tax
information from your employees.
Record Management Process
Determine Pay Schedules
Track Time and Attendance
Calculate Deductions
Pay Employees
Submit Payroll Tax Payments and Filings