Methodology of Payroll Processing

• Time and Attendance Tracking:
  Engrel accurately tracks employee time and attendance, ensuring precise payroll calculations and adherence to labor regulations.


• Salary Calculation and Deductions:
  Engrel calculates salaries, including deductions for taxes, benefits, and other withholdings, ensuring compliance with legal requirements.


• Tax Filing and Compliance:
  Engrel handles the preparation and filing of payroll-related taxes, ensuring timely compliance with tax regulations to avoid penalties.


• Employee Record Maintenance:
  Engrel maintains up-to-date records for each employee, including changes in salary, benefits, and other relevant information for accurate payroll processing.


• Payment Disbursement and Reporting:
  Engrel facilitates secure and timely payment disbursement to employees and provides detailed payroll reports for record-keeping and financial analysis.

Payroll Processing - Explained

• Time and Attendance Tracking:
  Engrel accurately tracks employee time and attendance, ensuring precise payroll calculations and adherence to labor regulations. This process involves utilizing advanced time tracking systems to record employee work hours, breaks, and attendance. The meticulous tracking ensures accurate payroll calculations, compliance with labor laws, and fair compensation for employees based on their actual work hours.


• Salary Calculation and Deductions:
  Engrel calculates salaries, including deductions for taxes, benefits, and other withholdings, ensuring compliance with legal requirements. This process involves applying a meticulous approach to salary calculations, considering various factors such as taxes, benefits, and deductions. Engrel's chartered accountancy professionals ensure that all calculations align with legal requirements and are accurately reflected in employees' pay.


• Tax Filing and Compliance:
  Engrel handles the preparation and filing of payroll-related taxes, ensuring timely compliance with tax regulations to avoid penalties. This process involves staying abreast of evolving tax laws, preparing accurate tax documentation, and filing taxes on behalf of the client. Engrel's expertise in tax compliance ensures that businesses meet their tax obligations while minimizing the risk of penalties.


• Employee Record Maintenance:
  Engrel maintains up-to-date records for each employee, including changes in salary, benefits, and other relevant information for accurate payroll processing. This process involves meticulous record-keeping, ensuring that all employee-related information is current and reflects any changes in compensation or benefits. Engrel's commitment to accuracy in record maintenance contributes to reliable and efficient payroll processing.


• Payment Disbursement and Reporting:
  Engrel facilitates secure and timely payment disbursement to employees and provides detailed payroll reports for record-keeping and financial analysis. This process involves executing the actual payment disbursement process, whether through direct deposit or other payment methods. Engrel also generates comprehensive payroll reports, offering clients valuable insights into payroll expenses and facilitating financial analysis.

Payroll Services – Complete solutions

Engrel facilitates secure and timely payment disbursement to employees and provides detailed payroll reports for record-keeping and financial analysis. This process involves executing the actual payment disbursement process, whether through direct deposit or other payment methods. Engrel also generates comprehensive payroll reports, offering clients valuable insights into payroll expenses and facilitating financial analysis.

Engrel Payroll Services offers comprehensive payroll management solutions to businesses of all sizes. Our experienced team ensures accurate and timely processing of payroll calculations, payroll tax statements, and year-end taxes. We understand the importance of paying employees and taxes on time and accurately, and we are dedicated to providing exceptional service to our clients.

Streamlining the Payroll Process

Our range of services includes Payroll Management, Tax Compliance, Employer on Record, and Human Resource Management Solutions. We have been serving organizations for many years, providing payroll management, employer on record, tax management, and advisory services. Our expertise and experience allow us to handle complex employment administration functions efficiently and effectively. With our Payroll Services, employers can streamline their internal processes, increase productivity, ensure compliance, improve employee retention, and control costs. Our payroll services include reimbursement of salaries to employees through banking channels, monthly review of salary changes, additions or deductions, preparation of monthly payroll based on the provided data, issuance of pay slips to employees, and sharing copies of payroll transfers for the company's records.