Payroll Services Management in Indonesia – Payroll Management is not like an easy and simple job, where you can combine everything at the same time. Calculating wages to be paid, and sending payslips followed by updating records is very important.

To ensure that your payroll calculations are correct and appropriate and comply with the law, you need to have a proper understanding of what payroll is and how to run payroll effectively. Below we will discuss the basics of payroll.

What is Payroll?

Payroll is the sum of all financial records of employee salaries, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for the services they render over a certain period of time.

Components Included in Payroll Accounting

> Employee Attendance Data Recap
> Calculation of Incentives, Overtime, and Bonuses
> Process for calculating salaries, BPJS, and PPh 21
> Payroll

Pre-Payroll Activities

Employee Onboarding

In processing payroll, the company must of course recruit employees and prepare a list of employee data that needs to be processed and paid by the company.

Defining Payroll Policy

The net salary that a company must pay to its employees is influenced by many factors. Various company policies such as: salary, leave and benefits, attendance, etc. will affect the calculation of employee salaries.

As a first step, the policy needs to be well defined and approved by management to ensure that the payroll process is standardized and correct, to avoid mistakes.

Post-Payroll Process

> Review, create and publish Payslips, Cash Reports.
> Access Bank Statements and download them by selecting the financial year, frequency, period and batch.
> Informing, such as Number of Employees, Gross and Net Salary, Bonus and Salary Loss, commission, Processed Date, Processed By, etc.

Available Methods for Payroll Service

> Excel based payroll management
> Payroll outsourcing
> Using payroll software

Why do Companies use a Payroll System?

> Reduce the risk of human error
> The calculation process is more accurate
> Facilitate reporting to the government

Conclusion

Based on the above information, let’s complete payroll faster and better filing of bookkeeping, correct tax calculation for your company’s employees with outsourcing payroll services and direct access to payroll experts, designed to make paying your employees payroll easier and faster and more fun than ever.

Indoservice offers payroll outsourcing services centered on businesses in Indonesia. At Indoservice, we have a dedicated team of professionals who will work with the needs of a good payroll system for your business. You can count on us to provide the quality of service that best suits your needs.

By using our services, you can rest assured that your accounting records regarding payroll and employee taxes are always up-to-date and comply with applicable local regulations.

Manage your account easily with the help of a trusted payroll service from Indoservice. Contact us at email: admin@indoservice.co.id or Call/Whatsapp +62877-1449-8500 to get special offers & special prices from us.