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Make the decision to outsource payroll processing services to a reliable payroll service provider like Alya Solutions. You will free up valuable internal resources to concentrate on your core business while your payroll processing is carried out efficiently offshore through real-time, online, 24×7 processing.
At Alya, we have the capability to handle all the intricate details of payroll processing – like compliance with federal and state regulations, monthly/ bi-monthly/ weekly check payments, filing taxes that support federal Medicare, Social Security and unemployment funds, automatic check signatures and direct deposits.
Alya’s secure and reliable payroll processing software keeps track of details like changing employee rosters and hours, automatic deductions from paychecks for 401-K and W-2 deposits, tax withholding and more. If you already have an electronic payroll processing system in place, our software will integrate with yours for a smooth transition.
We have the required skills and expertise to provide the best quality payroll processing services to clients within a quick turnaround time.
Alya offers a wide range of professional Finance and Accounting Services and Accounting Software Services to meet the end-to-end needs of international organizations.
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This is the first stage wherein you establish policies to bank on during the payroll process. To turn these policies into standards, they need to be approved by the management.
The next step is to gather inputs from various departments to ensure accurate calculation of payroll.
Once you’ve finished gathering all the required data, you need to verify its validity.
Now that you have the verified data, its time to feed it into the payroll system. The result you get will be the net pay after the adjustment of necessary taxes and deductions.
During the payroll processing, the payroll administrator needs to religiously adhere to the statutory compliance.
Every organisation needs to maintain an accurate book of accounts. And the salary paid is one of its significant entries.
After all these steps, you can finally pay salaries via cash, cheque, or bank transfers. It is preferable to have salary accounts of employees for hassle-free transfers.
The last step is to prepare accurate reports containing information such as department or location- wise employee cost.