2. Table of Contents
• Brief Introduction
• Summary of Service
• Document Collection at Client End on routine
• Process at Out sourced Premises
• Types of Reports
3. Brief Introduction
Olivetree Management Consultants Private Limited
• Providing services since 2008.
• Professional in providing services in accounting, payroll,
ETDS , Company Affairs and allied financial services.
• Continue to run payroll for various client ranging 75 to 80.
5. Summary of Service
PAYROLL OFFLINE SERVICE INCLUDE FOLLOWING:
Deployment of an in-charge person for collecting the data & circulating the information
to the client & employees of client,
•
•
Further to that the following aspect shall be taken care by the in-charge person
• Collecting of Information from HR Department about the existing
• Tax computation and Tax deduction at source
• Professional Tax applicability
• Report Generation
•
Payroll Register
•
Pay challans
•
Pay vouchers
•
Pay Slips with password protected
•
Year end investment document verification and Tax computation for year
• Preparation of TDS challans
• Preparing full and final settlement for the resigning employees
• Automation of all payroll-related processes
6. Summary of Service
PAYROLL ONLINE SERVICE INCLUDE FOLLOWING:
•
In Online service
• Each employee will get separate ID and Password for the maintaining his profile,
leave data and to generate reports.. Such as pay slips, computation of income for
tax liability, also provide Self declaration for Investment and personal details
• A HR ID will be given to maintain leave, employee database and allied information
and approve the requisition of employees
• Based on the information given by the employee and HR, the payroll shall process
at the outsourced premises and submitted online.
8. Document Collection at Client End
Employee Details
Name
Copy of PAN
Address Proof
Soft copy of Photo
Date of Joining
Salary details
Monthly CTC
Performance Bonus , if any
Employee Declaration about the investment
Salary structure
9. Process at Out sourced Premises
Upon Collecting of Documents:
Process the monthly payroll
Generate the requisite reports
Process the Individual Tax computation
Upon the Process:
Send the reports to the finance department
Payroll register
PF challans
PT challans
TDS challans
Bank transfer letter
Send the draft copies of computation to each employees
Send the Pay slips to the employees