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Outsourced payroll accounting services in Vietnam

Outsourced payroll accounting services at Viet An tax agency are the optimal choice for all types of businesses. This service will help companies quickly solve problems related to employees as well as salary expenses, personal income tax finalization at the end of the fiscal year. Follow our article below for more detailed information.

Outsourced payroll accounting services in Vietnam

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    What is Payroll Accounting

    Payroll accounting is an indispensable part that plays a decisive role in businesses because it is related to the benefits and salary and bonus regime of employees. The job of a salary accountant is to record and track the number of working days of employees and calculate salaries, bonuses and attached allowances at the end of each month.

    When your business needs to use outsourced payroll accounting services

    If your business falls into the following cases, using outsourced payroll accounting services is the optimal choice, helping business owners save costs:

    • Start-up businesses are not large enough to establish a complete accounting apparatus.
    • Your unit is a newly established business and has not yet recruited a full-time employee in charge of payroll or in charge of internal accounting.
    • Your business operates under a small business model, with a small number of employees.
    • Your business outsources tax accounting services.
    • The enterprise has internal accounting, but does not have enough skills and experience to solve the problems of salaries, bonuses and allowances for employees before finalizing and making year-end financial statements.

    Duties of Viet An tax agent when providing outsourced payroll accounting services

    The daily tasks of an accountant

    • The accountant in charge of payroll will be responsible for coordinating with the unit using the service to record and reflect the labor situation according to the actual working days as well as work efficiency.
    • From the actual number of working days, accurate and timely calculation of salaries, bonuses and allowances will be carried out as prescribed.
    • Develop a professional salary calculation table with a reflection on the deduction of social insurance and personal income tax temporarily calculated on a monthly basis.
    • Accounting salary expenses into accounting software.
    • When it comes to the period of making financial statements and finalizing personal income tax, Viet An will be responsible for summarizing salary expenses and finalizing personal income tax for those who are authorized to finalize by the company.

    Duties of Viet An tax agent when providing payroll calculation services

    Duties of Viet An tax agent when providing outsourced payroll accounting services

    • Responsible for drafting regulations and salary scale systems after discussing with the unit’s leadership.
    • Draft contracts for all employees who appear on the payroll.
    • Register tax identification numbers for employees who do not have tax identification numbers.
    • Responsible for registering family circumstance and dependent deductions for all employees of the company.
    • Handling issues related to the deduction and payment of social insurance premiums.
    • Coordinate with enterprises to make dossiers to report the increase and decrease of social insurance for employees.
    • Monitor social insurance debts and notify business owners of the status of social insurance payment.
    • Collect salary expenses and make personal income tax returns temporarily calculated annually and finalize personal income tax at the end of the year.

    Frequently Asked Questions About Outsourced Payroll Accounting Services

    How much will the package payroll accounting service at Viet An tax agent cost?

    The cost of outsourced payroll accounting services will depend on the number of employees of each client unit. The accountants will conduct a survey and quote for the business owner before signing the service contract.

    Does Viet An’s payroll accounting service support social insurance procedures?

    The outsourced payroll accounting service of Viet An tax agent will support businesses to carry out social insurance procedures for officials and employees. In addition, we will also be accountable to the social insurance agency for personnel appearing on the payroll if requested.

    Does Viet An Tax Agent provide payroll management services for overseas workers?

    If your business employs workers abroad, Viet An will support you in calculating salaries for domestic and foreign officials and employees. In addition, we will complete social insurance procedures related to foreign workers on behalf of businesses and provide free advice on personal income tax costs for businesses.

    Above is all information related to outsourced payroll accounting services at Viet An tax agent. Please contact us via hotline, if your business needs to use this service to save time and costs!

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