PAYROLL ADMINISTRATION SERVICES IN SA
Payroll administration is one of the tasks that a lot of business owners do in-house. Due to helpful apps developed in recent years, it has become much easier to manage payroll within a company. However, the fact that you are able do it yourself doesn’t necessarily mean that you should. There are still many reasons why you should use payroll administration services.
What do our payroll administration services include?
Payroll administration may not seem like a complex task to someone without accounting knowledge. Nevertheless, business owners that tried to do it themselves know just how complicated and time-consuming it can be. Here’s what’s included in our payroll administration services:
Setting up initial configurations for each person on the workforce.
Payroll information is gathered and processed each pay period according to any new changes within the company.
Calculations of unused paid leave and tracking of vacation, sick, and personal days each worker has earned.
Managing employee direct deposit accounts.
Payroll calculations for tax deductions.
Ensuring that all payroll policies of the company are in compliance with employment laws.
Payroll calculations for manual checks, special payments, and replacement checks.
Calculations of deductions or additional payments for employees each pay period.
These are just some of the payroll administration services that we provide. If you would like to learn more about how we could help your company, it’s best to contact us. After getting to know a bit more about your company, we will let you know exactly how you could benefit from hiring our accountants.
The benefits of using our payroll administration services
When you outsource payroll administration services, it will give you more time to focus on your core business activities. Here are some of the top benefits you can get from using our services:
If you decide to do payroll administration in-house, you’ll likely have to spend a lot of money on everything from penalties in case of an error to financial software subscriptions. In case you decide to hire us, you’ll only have to pay an affordable monthly fee!
Grow your business
Entrepreneurs often handle payroll administrative work by themselves when they start a business and have only a few employees. As your company grows, it’s best to hire a professional to do payroll administration for you.
What’s annoying about doing payroll in-house is that it often becomes more complicated than it should. If you hire an accounting firm, the process will become streamlined.
The personal information that you hold on your employees will be secured at the highest level in case you decide to hire CVW. We use only the best software solutions that provide outstanding data security features.
Why you should hire CVW for payroll administration
There are a lot of companies that provide payroll administration services in South Africa. It may seem like an easy decision to hire an accounting firm, but a lot of thought should actually go into it. When you decide to hire an accountant to work for your company, they will have to learn the ins and outs of your business. They will have to fully understand your goals and how they can help you achieve them.
If you don’t make the right call, it can cost you a lot of time because you’ll have to work on forming a strong bond with the next accountant you hire. If you decide to outsource your payroll administration to CVW, you won’t be making a mistake. With more than 15 years of experience, we have worked with various companies across the nation.
CVW is a company that has successfully provided accounting services in South Africa to both small start-ups and large companies. During business hours, our employees are always available and provide support when needed. To make sure that our services are accessible to small companies, we charge affordable rates. Make no mistake – CVW is a reliable and trustworthy firm that wants to see your business succeed.
Additional services that we provide
CVW was founded with the intent to allow small and big businesses in South Africa to focus on their future. Our philosophy is simple – we make sure that your finances are in order while you focus on your core activities. Here are some of the services that we provide to our clients across the country:
Are you looking for a professional accountant that will dedicate a lot of time to first learning about your company and then working on your account? We have a team of qualified and educated accountants in South Africa that can do everything from annual financial statements to COID returns. If you choose to use our services, you’ll have access to a dedicated accountant as well as valuable financial software subscriptions.
Most successful companies outsource their bookkeeping services because it allows them to better manage their operations. Some of the bookkeeping services that we offer include processing transactions, tracking revenue, managing bill pay, recordkeeping, accounting data entry, as well as accounts payable and receivable.
You’d be surprised to learn how many companies in SA don’t have their tax records in order. This is one of the biggest reasons why businesses today have to close down. Taxes are something you’ll never even have to think about if you hire CVW.
Regardless of which service you require you should get in touch with us to start a new chapter for your company. Our team of professionals has the expertise required to take your business to the next level.
Sign up for our payroll administration services today!
Proper payroll management is essential to maintaining employee satisfaction in your firm. The moment you miss a payment, trust and morale will start going down. When you have so many different aspects of your business to focus on, it’s somewhat expected to make mistakes. However, this is something that won’t happen if you outsource payroll administration.
With the help of our talented accountants, you’ll never have to worry about your employees missing a payment again. You’ll also avoid payroll errors that can lead to penalties and audits. Our services will help you save time and resources, all while helping your business grow and keeping your employees happy.
Palm Office Court
Block A, Kudu Street
Allens Nek, Roodepoort
PHONE & FAX
TEL: 011 475 8888
FAX: 086 609 1613
WhatsApp: 072 575 6799