Let us do what we do best, so you don’t have to
Let us do what we do best, so you don’t have to
Nobody likes to process Payroll
I never planned to specialize in Payroll; I was an accountant and content with that.
Then one of my clients got tired of processing their company’s payroll, and I won the job. The client had a large workforce, so I went from outsourcing Payroll to becoming the Payroll administrator, in addition to being an accountant. At first, it was a paycheck, and that was fine. However, as time went by, Payroll became a passion of mine. I use excellent Payroll Software, and what a pleasure that is!
I know how overwhelmed you feel right now.
Welcome to Idenko Payroll
Benefits of Outsourcing Payroll
Free Up Your Time
Payroll processing and administration is a time-consuming process. Outsourcing Payroll can free up staff time to pursue more important value-added and revenue-generating activities.
Reduce Costs
The cost in administration salaries can be greatly reduced by working with a Payroll provider.
Avoid SARS Penalties and comply with Legislation
You need an expert!
Alleviate Pain
Payroll is a headache in the best case and a nightmare in the worst-case. Business owners who outsource Payroll eliminate a tiresome source of personal pain.
Avoid Technology Headaches
If it works, it works well, but if it doesn’t work, you have problems! Moreover, the cost of Payroll software is out of this world! Save yourself! Outsource!
Leverage outside Payroll Expertise
Most business owners and controllers don’t have time to keep up with constantly changing regulations, taxes, and returns. By outsourcing Payroll, a small business can take advantage of other people’s expertise.
Avoid Payroll Knowledge Walking Out the Door
When your in-house Payroll administrator gets a new job, they will walk out the door with their knowledge of your Payroll and processes. Using an outside service eliminates that business risk!
Payroll Administration
Payroll administration is a time-consuming process, and the direct cost to employ competent personnel to prepare monthly payroll administration is exorbitant. Outsourcing payroll can free up staff time to pursue more important value-added and revenue-generating activities.
Payroll administration includes the following
- Package structuring
- Processing of weekly, fortnightly or monthly wages
- Processing of monthly salaries
- Processing of statutory and third party deductions
- Supply of management reports for statutory and third party payments
- Supply of PDF electronic payslips to Human Recourses Department
- Supply of report with employees’ gross pay, deductions, and net pay able to the employees’ accounts
- Forwarding of monthly UIF declaration to Department of Labour
- Keeping record of loans
- Keeping record of all types of leave
Additional Payroll services and returns that may be added
- Supply of export file for employee bank payments
- Order and posting of self-seal payslips to the employer’s office
- UI-19 Form upon an employee’s service termination
- Filing of EMP201 monthly return on SARS Efiling
- Setting up of EMP201 payment while reminding the employer to authorize payment
- Reconcile and filing of Bi-annual EMP501 declaration
- Filing of IRP5/IT3A certificates, and supply of PDF certificates to Human Resources Department
- Calculation and filing of Return of Earnings at the Compensation Commission
- Application for a letter of good standing (LOGS)
- Basic Employment Equity records
- Basic Disciplinary – Keeping record and sequence of actions
Registrations and Applications
We take the hassle out of this exhausting process by completing the application documentation and following up on the process until confirmation of registration.
- Apply for a Tax Clearance certificate
- BBBEE Affidavit (Exempt Micro Enterprises)
- PAYE/SDL/UIF registration at SARS
- UIF registration at Department of Labour (Business and Household applications)
- Workman’s Compensation registration at Department of Labour
CIPC and Secretarial Services
Register a Private Company
- Name reservation
- Completion and follow through of the application documents
- Registration of the Company for Income Tax at SARS
- Supply of share certificates
Register a Non-Profit Company
- with a standard or customized MOI
- Name reservation
- Completion and follow through of the application documents
- Registration of the Company for Income Tax at SARS
Other CIPC Services
- Amendments to Company and Close Corporation documents
- Filing of CIPC Annual Return, and the Financial Accountability Supplement
- Restoration of a deregistered Private Company
- Conversion from Close Corporation to Private Company
Some Satisfied Clients
I only use trusted software
Address:
4 Jennet Street
Brenthurst
Brakpan
1541
Email: coreen@idenko.co.za
Telephone: 082 456 5322
Website: www.idenko.co.za