Payroll Services
We offers comprehensive payroll services across South Africa ensuring accurate, compliant, and efficient payroll management. Our services include;
Payroll Administration
• Employee Profile Management:
Capturing and updating of employee profiles to ensure that all personal and financial data is accurate and up-to-date.
• Payroll Processing:
Efficient processing of payroll for various categories, including Salaries, Contractors, Claims, and Wages, utilizing SAGE payroll products to ensure accuracy and reliability.
Payroll Implementation
• System Setup & Configuration:
Configure payroll systems, ensuring correct parameter setup for tax, benefits, and statutory compliance. Optimize system settings for efficiency and accuracy.
• Salary Adjustments & Benefits Management: Calculations and processing of salary increases, Notch adjustments, and bonuses. Management of restructured benefits, including Medical Aids and Garnishee orders, ensuring compliance with regulatory requirements.
• Special Payroll Actions:
Handling complex payroll actions such as backpays, advances, retrenchments, terminations, and employee transfers, with meticulous attention to detail.
Payroll Reporting and Compliance
• Statutory Reporting:
Accurate and timely submission of all statutory reports, including SARS declarations (EMP201, EMP501, IRP5 Certificates for Employees in South Africa), UIF Declarations, and COIDA Earnings declarations.
• Payroll Journals & General Ledger:
Maintenance and corrections of Payroll Journals and General Ledger entries, ensuring that all financial records are precise and align with the company’s financial reporting standard
Payroll Advisory and Risk Mitigation
• Payroll Advisory Services:
Focus on helping organizations establish compliant, efficient, and accurate payroll processes. We advise on Process Optimization, Cloud-Based Payroll Solutions, Audit Preparedness, and Employee Training and Legislative Updates, and more.
• Payroll Risk Mitigation:
focuses on identifying and reducing risks associated with errors, non-compliance, and fraud. We assist with Fraud Prevention, Contingency Planning, Accurate Employee Classification, Multi-Country Risk Management, and more.
Payroll Audit Engagement
• Audit Support:
Providing comprehensive support during the payroll audit period, including conducting PAYE Health checks, verifying overall staff counts, and ensuring the accuracy of payslip definitions.
• Audit Preparedness:
We provide unwavering support for regular internal audits and documentation standards to prepare for external audits, ensuring payroll accuracy and transparency.
Leave Administration
• Employee Self-Service Management: Administration and maintenance of the Employee Self-Service (ESS) platform, allowing employees to manage their leave and access other payroll-related services efficiently.
• Leave Management:
Monthly leave reconciliation and transaction updates, along with the provision of accurate leave reports and annual leave provision calculations.