Payroll Outsourcing Services in Nigeria
Quickly and easily pay employees from wherever you are, all while ensuring tax compliance.
Features-Payroll
New starters data capturing
Employees who are responsible for payroll management will certainly be happy with their leaders and supervisors following the deployment of more advanced technologies, notably data capture, so long as the solution is the right one per the company's specific needs
These benefits will only be available to firms that have digitized their payroll and accounting departments, and those that have not yet done so should certainly consider the change as soon as possible.
START FREE TRIAL
Preparation of monthly payroll report
Preparing payroll involves a series of basic calculations to determine each employee's base pay as well as deductions for state and federal taxes, and employee contributions to retirement funds and health insurance plans. This information is then transferred to individual employee paychecks as well as company records that facilitate the process of tracking information for internal and external tax and financial reporting.
START FREE TRIAL
Monthly payslips
Preparation of pay-slips for employees and employee earnings records, containing various personal data in the required structure (name, date of birth, date of commencement and termination of employment, basic wage level and type of work, number of days of holiday leave and holidays already taken, etc.) – including a regular update;
START FREE TRIAL
Year-end filing
There are a number of things you need to do for a successful payroll year end but the key things to remember are that you must report to HMRC on the previous tax year – and the submission date is 19 April. You then need to prepare for the new tax year and make sure you give your employees their P60s by the end of May.
START FREE TRIAL
Handling of medical insurance
Insurance plays a critical role in our lives, and a great customer experience can enhance the entire process. Payroll ERP Crebit provides CRM solutions for insurers that give reps, agents, and customers the information they need, exactly when and where they need it.
START FREE TRIAL
Payroll processing calendar (for submission, approval, funding)
The Payroll Calendar validation table drives payroll processing for every pay run. Records on the Payroll Calendar Codes table are called payroll calendars. The online Payroll Calendar is view-only and features several shortcut buttons. Each payroll calendar defines payroll-processing parameters.
START FREE TRIAL
Monthly tax & social contributions
Keep the resources ready to help employees wade through unforeseen circumstances with regular contributions to Employee State Insurance.
START FREE TRIAL
Off cycle payroll run
Off-cycle Payroll runs are used to make payments outside the regular payroll run like one time bonuses. The Payroll Control Record needs to be in the Exit Payroll stage, and the off cycle run MUST be executed after the pay date of the regular payroll run.
START FREE TRIAL
Handling of staff expenses/ disbursements/ reimbursements
Payroll ERP Crebit allows organizations to create n number of reimbursement heads as per their requirements and set policies on the same. Reimbursements have statutory implications too. Payroll ERP Crebit allows you to create all kinds of policies and set statutory obligations too.
START FREE TRIAL
Calculation of payment to third parties (pension funds, insurance)
Payroll ERP Crebit handles all payments like TDS, PF, PT, and ESIC along with their filings for you. Payments are made as per the updated statutory laws
START FREE TRIAL
Customized reports on request
Payroll ERP Crebit is highly flexible and customizable to allow you to filter, sort, and aggregate report data in real time. Visuals like charts, graphs, and maps make it easy to visualize report data and share with stakeholders.
START FREE TRIAL
Calculation of the compensation to be paid to employees in case of resignation and of the statutory termination indemnity in case of dismissal
Employees Full & Final settlement can be prepared based on resignation of employees either in the current month or in the previous month. Automatically calculates outstanding Loan balances, Notice pay and Leave Encashment, Gratuity and recovers all Loan balances and Income Tax. Generates Full & Final Settlement Calculation sheet for all the calculations done
START FREE TRIAL
Preparation of monthly accruals for statutory bonuses (Christmas, Easter and vacation) and any other annual bonuses that may be provided to the employees
Bonus payment options as per govt. rule and company policies and concern reports generation required for statuary compliance.
START FREE TRIAL