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Payroll Services for SME
One of the most important tasks for all businesses is the preparation of payroll and payment of salary. The process can be complicated further and more time-consuming with additional components such as benefits, allowances, deductions, government remittance, etc. It is of no surprise that consequently many SMEs choose to outsource their payroll function to accounting firms.
Rikvin has been providing our clients the Payroll Management Service since 1998. Our payroll specialists are well-trained and equipped with the most advanced payroll software system to process even the most complex payroll account.
Our service ensures that government remittances such as CPF are paid on time, tax filing requirements are adhered to, and the payroll information is kept confidential offsite.
How the Payroll Management Service works
When you engage Rikvin for the Payroll Management Service, you will be assigned an accounts manager who will work with you personally on your payroll needs.
Based on the information and required documents you submit to us, your personal accounts manager will review and organize the information submitted to create and maintain your payroll ledger. The accounts manager will also, per your advice, make salary payments and submit all necessary payroll taxes.
Our Singapore Payroll Management Service are :
- Salary calculation on weekly, bi-weekly or monthly basis.
- Salary payment to employees by cheque issuance or through bank transfer such as GIRO.
- Central Provident Fund (CPF) registration and timely monthly payment.
- Issuing of IR8A Form for personal tax including statutory annual filing returns.
- Computing gross to net salary and CPF
- Providing payroll reports and payroll journals
- Issuing confidential pay slips (hard copy or electronic)
- Preparing year-end lR8A forms and appendices (hard copy or electronic)
- Preparing IR21, GML, NS MUP, CPF refund, government statistical forms, etc
- Managing and administering employees’leave On line/Off line
Human Resource Services
- Hiring, New Employee and Exiting Employee Administration
- Drafting of Employment letters
- Employee insurance
- General HR consultancy services
- Salary bench marking
With Rikvin Singapore Payroll Service, your dedicated experts will take care of all your payroll needs, from set-up to support. Call us to discuss further on how we can help you manage your payroll in compliance with Singapore laws. Contact us at +65-63034600 or email email@example.com to get started.