What is Payroll accounting?
In a company, payroll is the sum of all financial records of salaries for an employee, wages, compensations, bonuses and deductions. In bookkeeping, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons. Payroll is usually managed by the bookkeeper of a business. Payroll laws and regulations vary between countries.
Why do I need Payroll accounting services?
Managing a payroll, however, is about more than just paying salaries. Payroll is often perceived as too complex and multi-stage job.
This is one of the best reasons to consider payroll services, as the time you spend on this task can really add up over the long run. Ensures compliance with the law, taxes and employer’s side costs are constantly changing, and keeping up with all the different changes can be mind boggling.
Why choose us?
Minicapital is committed to building long-term relationships with our clients. Our clients are our priority – they appreciate the reliable, flexible and responsive approach we bring to our work. We use only modern technologies and methodologies, therefore we can offer our services by cost-effective and customer-friendly way. You can monitor all of your accounting activities online from any smart phone, tablet or computer via internet anywhere in the world. Your records will be updated on a regular basis, any reports of which you can view and print at your convenience any time any day.
Outsourcing your Payroll accounting to us, you get the tools to success. We love Payroll accounting so you don’t have to.