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HUB Accountants > Servicios > Contaduría > Payroll Outsourcing

Payroll Outsourcing

In our service we include the following processes for 55 employees of the Company:

Monthly processes.

  • Compile payroll news (affiliations, retirements, disability filings).
  • Organize and enter the new products into the payroll system.
  • Electronic payroll settlement and uploading.
  • Generate individual payroll receipts and send them via email.
  • Generation of the holiday book.
  • Generation of reports required by THE CLIENT and previously agreed.
  • Generation of the social security payment process.
  • Generation of accounting provisions.
  • Generation of the flat file for bank payments.

 

Six-monthly procedures.

  • Settlement of statutory premiums for June and December.
  • Settlement of extralegal premiums due to pacts or conventions.
  • Calculation of the half-yearly percentage of withholding tax (procedures).

 

Annual procedures.

  • Generation of individual withholding tax certificates.
  • Consolidation of social benefits and vacations.            .
  • Settlement of severance payments and interest on severance pay.

 

Eventual Procedures 

  • Preparation of final settlements of the employment contract.                      .
  • Holiday settlement.

 

Payroll Outsourcing Methodology

In order to obtain timely and quality results, we propose the following work methodology:

  • Draw up a detailed schedule for each of the processes to be carried out, indicating delivery dates.
  • Create a calendar for receiving news and delivering results on payroll.
  • Design formats to be used and establish flow for each process.
  • Plan regular meetings to provide feedback and adjust processes.
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