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Payroll and calculation of other personal incomeBesides provision of accounting services, the Fintim company carries out payroll and calculation of other personal income. According to our past experience in work with external clients, many companies decide to outsource their payroll functions and calculation of other personal income to an outsourcing service.
The purpose and reason for outsourcing of payroll and calculation of other personal income lies in the greater safety and secrecy of personal data and in the fact that our clients are regularly and promptly informed of changes in legislation in the field of wages and salaries.
Our experience is based on payroll accountancy for domestic and foreign legal entities, foreign embassies and attachés and payroll for employees with private entrepreneurs. In payroll and calculation of other personal income we focus not only on calculation of such receipts but also advise the client on its decisions with regard to the type of contracts and the method of payment. In calculation of other income it is worth mentioning the implementation of services regarding calculation of royalties, work under job contract, rentals and recently also preparation of income calculations taking into account normative expenses for independent cultural workers, independent journalists, professional sportsman etc.
Payroll services and calculation of other personal income comprise mainly:
- preparation of calculation for an individual person on the basis of data submitted by the client,
- preparation of pay check / wage bill / payment list,
- printout of transfer orders or preparation of database for import into electronic banking,
- printout of the required forms for external reporting or preparation of adequate databases for import into eDavki or Ajpes,
- prompt monitoring of meal and travel allowances and changes in this area,
- regular record keeping of loans,
- regular informing of current changes in labour and income tax legislation and other regulations in this field.
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