Payroll outsourcing services
Employee settlements cover a wide range of processes, including payroll calculations, vacation payments, compensation, and other employee-related payments. Calculating salaries in compliance with labor, tax, and social contribution regulations is one of the more complex areas of accounting. Employee settlements can be managed either by an internal accounting department or an HR department. Regardless of who performs the task, it requires a high level of expertise and experience.
There is another effective solution. Outsourcing employee settlements, including payroll processing, to a specialized consulting company allows businesses to manage these functions efficiently without expanding their internal accounting team.
Handle employee settlements with a reliable partner. For more than 10 years, Accounting.az Consulting Company has been providing payroll and employee settlement outsourcing services in Baku. These services can be delivered either as part of accounting support or as a standalone HR outsourcing service.
Payroll outsourcing is equally beneficial for both small businesses and large organizations.
Trust Accounting.az LLC with your employee settlements
+994125983798
+994502258205
Benefits of HR outsourcing compared to an in-house team
- Transfer of responsibility: Even after our cooperation ends, we remain responsible for the reports we prepare. If penalties arise due to our mistakes, we take responsibility for them.
- Continuous service: You receive support from a team of professionals rather than a single specialist. Our services continue without interruption.
- High service quality: We work in accordance with international accounting standards and local legislation.
- Confidentiality of payroll information: We keep employee income and payment information strictly confidential. Access to payroll data is granted only to authorized persons.
- Digital document management: Our specialists work remotely using online accounting systems, electronic personal accounts, and digital signatures, ensuring fast and secure document processing.
What is included in the service?
- Payroll calculation, compensation payments, and other employee-related payments in accordance with the Labor Code of the Republic of Azerbaijan and other applicable legislation.
- Calculation of income taxes, social insurance contributions, and other mandatory payments required by Azerbaijani legislation.
- Preparation of payroll reports, salary payment schedules, sick leave reports, travel expense reports, cash and bank payment schedules, and tax summary reports.
- Printing and distribution of payslips to employees or their authorized representatives, as well as sending them by email.
- Preparation of bank files for transferring salaries, taxes, and other deductions, including uploading them to online banking systems.
- Preparation of accounting files for payroll transactions and employee settlements for use in accounting software such as 1C, ERP systems, online accounting platforms, and others.
- Preparation and submission of tax reports, mandatory social insurance reports, compulsory medical insurance reports, state insurance reports, and other statutory reports.
- Assistance in communication with regulatory authorities during desk audits, field audits, and other inspections.
Our employee settlement outsourcing services are provided legally, confidentially, and efficiently. Payroll reports and schedules can be prepared in Azerbaijani, Russian, or English, depending on the client’s preference.
The cost of outsourcing services is determined individually after reviewing your request.
To order the service or receive more detailed information, simply visit our Contact page and submit an inquiry
+994125983798
+994123100929
+994502258205
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