15 $
5/7
Singapore
Tn Corporate Management is a Singapore firm that works since 2004. The company provides corporate accounting, corporate secretarial, payroll, corporate tax, and other services. Tn Corporate Management...Read more
List of Payroll Companies
In Singapore, there are many payroll services providers. Payroll companies offer services such as salary calculation, creation of employee profile for a new hire, computation of the last pay for resignees, computation of gross wages, submission of CPF contributions, and payroll reporting for accounting purposes. Furthermore, they offer preparation of CPF refunds & government statistical forms and assist with annual employment income under Auto Inclusion Scheme.
Payroll outsourcing will be more profitable for start-ups, companies with developing or non-adjusted business processes, companies with a complex payroll model, or organizations with a large number of branches.
Incorporate Business Online prepared a list of payroll services providers in Singapore.
Additional Filters
Category
Country
Rating
24/7
United States
Giersch company is an accounting & consulting firm located in Milwaukee. They help small businesses in Wisconsin and offer affordable accounting services. Their services include outsourced accounting,...Read more
117 $
Singapore
J Accounting Services is a Singaporean firm that provides professional business services for local and foreign companies. The company offers such services as incorporation, accounting, payroll, advisory,...Read more
190 $
Singapore
CorporateServices.com is a Singapore-based company that provides different corporate services for businesses. They deliver such services as company registration, company secretary services, registered...Read more
United States
The company Century Accounting & Financial Services provides business services for almost 35 years. They deliver such services as accounting, bookkeeping, tax, and business advice. Century Accounting...Read more
Singapore
BDO is a Singapore-based accounting firm that provides professional corporate services since 1972. The company helps businesses with audit and assurance, tax, advisory, business services outsourcing,...Read more
Singapore
Bevootech is a business software provider company that specializes in SME business productivity. They provide ERP, CRM, and Accounting software in Singapore and offer software consulting, software implementation...Read more
500 $
Canada
Enkel provides professional services for small and medium businesses in Canada. They provide services such as bookkeeping, payroll management, accounts payable, and accounts receivable. Enkel offers online...Read more
Ourbookkeepingservices is a US-based company with over 7 years of experience in providing leading bookkeeping and Payroll Management services. Our team comprises certified bookkeepers and accountants...Read more
United States
Affluent Financial Services is a US-based accounting firm that provides professional services for small and medium-sized businesses. The company provides audit & assurance services, bookkeeping &...Read more
Singapore
SingaporeTaxAccounting is a Singapore-based company that assists small and medium businesses in their routine operational and financial tasks. The company provides such services as accounting, taxation,...Read more
Singapore
CompanyIncorporationSG.com is a Singapore-based company that provides different business services. The company’s main fields of expertise are corporate secretarial, accountancy, tax services, special...Read more
United States
Inemer & Wolf provides professional services for businesses in the New York City area. They deliver small and medium businesses services like accounting, tax, outsourced CFO, and others. Inemer &...Read more
500 $
United States
Williams Accounting & Consulting is a US-accounting company that was founded in 2005. The company has offices in Louisiana and Georgia. They provide an extensive range of services to business that...Read more
100 $
5/7
Singapore
FreeIncorp is a company located in Singapore with 20 years of relevant experience. They provide annual compliance, company incorporation, corporate secretarial, accounting, payroll, and other services....Read more
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Payroll services
One way or another, almost every company, whether it is a legal entity, individual entrepreneur or other type of company, faces the need to calculate salaries for employees. Even if there is only one person, for example, the founder and director of an LLC or sole proprietorship, it is still necessary to calculate salaries, taxes, deductions to funds, and so on.
If the number of employees is small, it is quite difficult to have an accountant on staff. Therefore, quite often, business owners resort to the services of third-party accountants or firms specializing in accounting services. At the same time, the company can order both a full-range of accounting and bookkeeping services, and payroll services separately.
Payroll services in Singapore include help with Employer of Record, Professional Employer Organization, and outsourced contract staff management service. Moreover, payroll companies in Singapore can help with maintaining payroll files for direct employees or outsourced contracts, ensure compliance with Singapore payroll laws & rules, and arrange accurate payroll processing and salary disbursements to employees.
Additionally, payroll companies in Singapore can assist with providing e-slips for all employees using cloud based payroll software and submit yearly employee income declaration tax files to the Inland Revenue Authority. Besides, payroll services providers can prepare detailed company payroll management reports for management review, prepare and submit ad hoc statutory claims such as national services.
Incorporate Business Online has prepared a list of payroll companies in Singapore where you can find all types of service providers and choose the one that will suit your business.
FAQ
How does a payroll service work?
Payroll service allows businesses to transfer to a professional provider functions such as payroll calculating. Also, payroll service providers help with related payroll taxes, preparing documents and necessary reports for authorities.
You will be interested in payroll outsourcing if:
- you are interested in reducing the costs of the personnel department and accounting;
- your company is small, and it is unprofitable to keep a specialist;
- your company is a start-up;
- you have a geographically distributed structure;
- you have a complex payroll system.
How to use a payroll service?
There are many payroll services, and most of them are internet-based solutions. Usually, a payroll services provider team will show you how to use their systems. Moreover, most of the platforms have a detailed guide on how to use their system.
How to choose payroll services or software?
To choose the right system, pay attention to the following points:
- Explore the features of the services and determine which ones you need;
- Depending on the size of your company, different services may suit you or not, so pay attention to basic or advanced functionality;
- Read reviews and watch videos about services;
- Compare plans and choose the best option;
- Sign up for a free consultation or demo, this will allow you to have a look at the program interface.
What is payroll software?
Payroll software allows automating accounting operations for calculating payroll and helps keep personnel records. Using payroll management systems, you can avoid errors in accruals, store information in a convenient form, and analyze and make decisions based on transparent data.
What is the best payroll software?
The best payroll software is the one that fulfills your needs, suits your business, and allows you to save time.
The best payroll software in 2022 are:
- Gusto
- Paychex Flex
- QuickBooks Payroll
- Workful
- OnPay
- ADP
- Payroll4Free
- Rippling
Does payroll software save time?
When you running a business, time is the key factor. Internal payroll management requires a lot of attention and time. Moreover, these requirements increase as you hire more employees.
Outsourcing payroll to third-party service providers will help you buy time to work on other critical business and people management tasks. Plus, you won’t have to hire an in-house team to handle payroll inquiries, payroll taxes, and so on.
What features should a payroll service for small businesses have?
The main features of any payroll service should include:
- Work with the timesheet and payroll calculation;
- Calculation of benefits, vacation pay, and illness payments for each employee;
- Automatic accounting of alimony, allowances, and other charges;
- Payroll on a piece-rate basis;
- Working with different taxation regimes and flexible settings for tax deductions;
- Reporting forms with the ability to export to different formats;
- A full range of personnel records such as hiring and dismissal, resolutions, and staff schedule;
- Settlement and payrolls.
What is the difference between on-prem and cloud payroll software?
The main difference is that on-premise payroll software is installed in a local network and the company hosts everything in-house. Access to on-prem software is limited.
The cloud software is hosted by a third-party provider and allows you to work with it anywhere and anytime.