Payroll Services Dubai
We are a significant enterprise which comprises of chartered accountants and Tax/VAT advisers who support high net worth individuals, entrepreneurs, and progressing businesses in the UAE.
Outsourcing your payroll processing will help you concentrate on your business. Outsource your payroll processing to a trustworthy service like Beyond Numbers. We ensure your payroll processing is carried out efficiently with real-time, online, 24×7 processing.
We at beyond numbers handle the intricate details of payroll processing like monthly/ bi-monthly/ weekly check payments, compliance with federal and state regulations, filing taxes that support federal Medicare, automatic check signatures, Social Security and unemployment funds, and direct deposits.
At Beyond Numbers, our secure and payroll processing software keeps a trail of changing employees, automatic deductions from paychecks for 401-K and W-2 deposits, tax withholding and more. Our software can integrate with your electronic payroll processing system if you already have one. So no worries on that end.
We are a group of committed team players with the required skills and expertise. We hence can provide the best payroll processing services to clients within a short TAT.
Our Finance and Accounting software services meet the need of international companies.
Payroll Processing
It is always better to consult an audit firm as the organization is required to follow all terms of the tax law. This helps minimize the penalty from the FTA.
We gather evidence of manufacturing and retail-based business which represents an immense balance of capital or assets.
Companies are advised to follow all rules set by the tax law in order to minimize the penalty from the FTA. It is always a better option to consult an audit firm.
Companies are advised to follow all rules set by the tax law to minimize the penalty from the FTA. It is always a better option to consult an audit firm.
THE NEED FOR AUDITORS IN PAYROLL SERVICING IN DUBAI
Payrolls will be timely, precise, and accurately calculated.
You save up to 40%
Furnish management reports
HOW DO WE WORK – OUR PROCEDURE
HOW DO WE WORK – OUR PROCEDURE
1. Define payroll policy
The first stage here establishes the policy to the bank during the payroll process. These policies need to be approved by the management to make then into standards
2. Collecting inputs
Inputs from different departments are collected to ensure exact payroll calculation.
3. Validation of Inputs
After collecting all the required data, they are validated.
Payroll process in particular
4. Calculating Payroll
After validating all the data, they are entered into the payroll system. The result obtained is the net pay after taxes and deductions.
Post-payroll process
1. Statutory compliance
In the process of payroll processing, the payroll administrator adheres to the statutory compliance.
2. Payroll accounting
Organizations need to keep a record of their accounts in which the salary paid is a necessary entry.
3. Payout
After completing all these steps, you can pay out the wages through cheque, cash, or bank transfers. To process hassle-free transfers, it is better to have salary accounts of employees.
4. Reporting
This is the last step in payroll processing. Reports containing information’s like department and location-wise employee cost are recorded.