RNC PAYROLL MANAGEMENT PAYROLL OUTSOURCING AT RNC PAYROLL

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RNC PAYROLL MANAGEMENT

RNC PAYROLL MANAGEMENT

PAYROLL OUTSOURCING AT RNC

PAYROLL OUTSOURCING AT RNC

PAYROLL SERVICE Payroll can be one of the most time consuming tasks for an

PAYROLL SERVICE Payroll can be one of the most time consuming tasks for an employer. Between entering employee data, keeping it up to date, ongoing processing and reconciling with other systems, there's often little time to get valuable information from payroll that can help you manage your business Its more than just organizing or entering employee data, keeping it up to date, ongoing processing and reconciling with other systems. Vital HR information from payroll can help you manage your business efficiently Covers Statutory & Legal Compliance

Gamut of Payroll Services Assured statutory compliance Scrutiny of reimbursements like medical, LTA, etc

Gamut of Payroll Services Assured statutory compliance Scrutiny of reimbursements like medical, LTA, etc Scrutiny of Investments Proofs Automated computation of perquisites taxes & various statutory deductions as framed under the laws of the land. Pay slips through e-mail / Hardcopy Accompanied with Detailed Monthly tax calculation & loan balances. Handling multiple pay structures of Branches/Divisions/subsidiary companies & Grade specific payroll requirements

Key Features of Payroll Outsourcing • • • • Our services can be customized

Key Features of Payroll Outsourcing • • • • Our services can be customized to user requirement. All Statutory Deductions such as EPF / ESI / MLWF / Gratuity / TDS / PTax are taken care of. If the Payroll of more than one Location is managed pay slips can be defined depending on Location wise. Employees can be referred either with Employee ID/Ticket No/or Reference No. of days in the month can be flexibly defined. Each Branch wise working days can be defined. No. of days present and No. of days on which Salary is calculated (Including Paid Leave) both are considered with formulating a field value. Rounding off options & Carrying over of rounding off values to next month. Leave Management – Tight Integration / Loose Integration. OT Rate Calculation – Hourly basis or on Per day basis. Multiple Branch Details in Single File. PF / ESI / PT rate user definable on Monthly basis. Arrears Calculation. Restriction on Record Management Dates – 5 years Data can be Managed. User Definable Salary Heads. Salary Definition on the Basis of Group / Scale. Salary components can be defined as Inputs / Calculated Fields / OT.

PAYROLL OUTSOURCING -ADVANTAGE Cost Effective Helps companies focus on core business activities Leverage the

PAYROLL OUTSOURCING -ADVANTAGE Cost Effective Helps companies focus on core business activities Leverage the Payroll Expertise of RNC State-of-the-Art technology at no extra cost Less legal adherence & paper work for the client Changes if any in statutory compliances are updated on regular basis by RNC Higher Employee Satisfaction Timely Execution and MIS Generation All Statutory compliances taken care of RNC.

RNC STRENGTHS A Specific email helpline created for addressing all payroll related queries Customization

RNC STRENGTHS A Specific email helpline created for addressing all payroll related queries Customization available as per the client’s requirements Provision of concal services if the client requires the same Adherence to all Statutory compliances Managing Payroll of employees from diverse industries Specific handling of queries of payroll of senior people Confidentiality and Data Security

Payroll Deliverables: (Sample Template) Reports Hard. Copy Soft. Copy Pay slips √ √ Salary

Payroll Deliverables: (Sample Template) Reports Hard. Copy Soft. Copy Pay slips √ √ Salary Registers √ √ Bank Payment Reports / File √ √ Company Salary Summary - √ Salary JV (Journal Voucher) - √ Full & Final Settlement √ √ Labour Welfare Report √ - Monthly ESIC Summary √ √ Monthly EPF Report √ √ Montly Profession Tax Challan Report √ √

STATUTORY COMPLIANCES All Statutory Reports as per the requirements of Various regulatory bodies. Income

STATUTORY COMPLIANCES All Statutory Reports as per the requirements of Various regulatory bodies. Income Tax Profession Trades & Callings Act. EPF & M. P Act 1952. ESIC Act 1948. Employee Welfare Scheme (MLWF, etc. )

Monthly Payroll Processing • Joinees /Resigned • Attendance • Reimbursement • Tax & Loan

Monthly Payroll Processing • Joinees /Resigned • Attendance • Reimbursement • Tax & Loan INPUTS FROM CLIENTS Monthly processing RNC Outputs to Client • Payroll & Reimbursement Processing, Update Tax Declarations, Leave records & Master Data • Pay Sheets, • Pay Slips, Salary JV, Statutory & other • Customized payroll reports

REPORT FORMAT

REPORT FORMAT

LOGO COMPANY NAME ADDRESS PAY SLIP FOR THE XXXXX Name Designation XXXX Site HO

LOGO COMPANY NAME ADDRESS PAY SLIP FOR THE XXXXX Name Designation XXXX Site HO Manager - Internal Aduit EPF NO. MH/XXXXX/OO 1 Credited to 10 -Apr-09 007 A/c. D. O. J Earnings Basic DA 00 00 Conveyance Allowances 00 Gross Incentive Total Salary 5, 160. Loss of Amount 5, 160. Provident Fund 00 House Rent Allowance Others Allowances Deductions 7, 740. Loss of Days 20806 300 2, 580. ESI 0 5, 160. PT 00 25, 800. Staff Loan 00 - 25 500 Telephone Recovery 200 TDS 600 Total 25, 800. 00 Deductions NET PAYABLE LOAN BALANCE PAY SLIP 1000 Salary Advance 23, 606. 00 2, 194. 00 19, 000. 00 Employee Signature

Company Name SALARY ABSTRACT - MONTH‘xxxxx Abstract: - Control Basic DA Total As per

Company Name SALARY ABSTRACT - MONTH‘xxxxx Abstract: - Control Basic DA Total As per Previous Month Total Salary Add YUUUUUUU ABCDEFG 0 0 0 Other Allowances: - HRA Conveyance Allowances Others Allowances 0 0 (+) 0 0 Total Gross Salary Rs. Deletion: HJHGFJ JKHFGY 0 0 (-) 0 (+) 0 As per Current Month Increment: 0 Other Earnings: Incentives Total Salary 0 0 0 Total Salary As on Feb'08 Deductions: LOP Loss of Pay PF ESI PT Staff Loans Salary Advances Telephone Recovery Income tax Total Deuction 0 0 0 0 0 Net Payable 0 0 0 SALARY CONTROL

STATEMENT OF EPF FOR THE MONTH OF XX'08 Sno. A/C No. Employees Name D.

STATEMENT OF EPF FOR THE MONTH OF XX'08 Sno. A/C No. Employees Name D. O. J PF Salary Employees Employer Contribution @ @ 12% @ 3. 67% 8. 33% Total 1 MH/XXXX/01 XXXX 8 -Oct-07 2497 300 92 208 600 2 MH/XXXX/01 YYYY 2 -Nov-07 1524 183 56 127 366 3 MH/XXXX/01 AAAAAAA 19 -Nov-07 5150 618 189 429 1236 4 MH/XXXX/01 BBBBBBB 26 -Nov-07 4000 480 147 333 960 5 MH/XXXX/01 CCCCCCC 10 -Dec-07 4000 480 147 333 960 6 MH/XXXX/01 ZZZZ 24 -Dec-07 4000 480 147 333 960 7 MH/XXXX/01 EEEE 7 -Jan-08 6500 780 239 541 1560 8 MH/XXXX/01 YUUUUUUU 6 -Oct-08 3355 403 123 279 805 9 MH/XXXX/01 ABCDEFG 12 -Oct-08 2581 310 95 215 620 Total 33607 4034 1235 2798 8067 ABSTRACT: - Employees Strength EPF Salary As per last month 9 As per Paysheet PF Salary 33607 As per Paysheet PF 4034 Addition 2 As per EPF Statement 33607 As per EPF Statement 4034 Deletion 2 As on current month 9 Difference 0 0 PF MONTHLY STATEMENT

COMPANY NAME STATEMENT OF ESI FOR THE MONTH OF XX'08 Sno. Employees Ins No.

COMPANY NAME STATEMENT OF ESI FOR THE MONTH OF XX'08 Sno. Employees Ins No. Name D. O. J ESI Gross Salary Employer Employees Contributio on @ 1. 75% 4. 75% Total 1 YYYY 2 -Nov-07 3048 53 145 198 2 BBBBBBB 26 -Nov-07 8000 140 380 520 3 CCCCCCC 10 -Dec-07 8000 140 380 520 4 ZZZZ 24 -Dec-07 8000 140 380 520 5 YUUUUUUU 6 -Oct-08 6710 117 319 436 6 ABCDEFG 12 -Oct-08 5161 90 245 335 Total 38919 680 1849 2529 ESI MONTHLY STATEMENT ABSTRACT: - Employees Strength ESI Salary As per last month 6 As per Paysheet ESI Salary 38919 As per Paysheet ESI 680 Addition 2 As per ESI Statement 38919 As per ESI Statement 680 Deletion 2 As on current month 6 Difference 0 0

COMPANY NAME PF & ESI – Monthly Summary Reporter Please issue cheques for PF

COMPANY NAME PF & ESI – Monthly Summary Reporter Please issue cheques for PF & ESI remittance as stated below PROVIDENT FUND PF Salary 33607 Head of Accounts Employees PF : A/C No. 1 @ 12% 4033 Employers PF : A/C No. 1 @ 3. 67% 1233 Employers PF : A/C No. 10 @ 8. 33% 2799 Admin Charges A/C No. 2 @ 1. 10% 370 EDLI Charges A/C No. 21 @ 0. 50% 168 Admin service charges A/C No. 22 @ 0. 01% Total 3 8606 ESIC ESI Salary 38919 Head of Accounts Employees ESI @ 1. 75% 681 Employers ESI @ 4. 75% 1849 Total 2530 PF &ESI CHEQUE TO ACCOUNTS

Service Level Agreement (SLA) Covers Purpose & Scope of Services Responsibilities of RNC &

Service Level Agreement (SLA) Covers Purpose & Scope of Services Responsibilities of RNC & The Customer. Payment time. Confidentiality Information. Signatories to sign SLA from both the parties. Authorized person for routine Contact & in case of Escalation. Details of various reports & MIS reports to the management on regular basis.

Some of our reputed list of clients v M/s. G. C. C Club Pvt.

Some of our reputed list of clients v M/s. G. C. C Club Pvt. Ltd. v M/s. Craft World Pvt. Ltd. v M/s. C. S. Tubes Pvt. Ltd. v M/s. CRP Control Panels Pvt. Ltd. v M/s. Crystal Medicines Pvt. Ltd. v M/s. Arya Crafts & Engineering Pvt. Ltd. v M/s. Selvel Publicity & Consultants Pvt. Ltd. v The Don Bosco High School v Norton Property Solutions Pvt. Ltd

Contact Us RNC r. n. Consultant Office No. 10, 1 st Floor, Achalgiri, 150

Contact Us RNC r. n. Consultant Office No. 10, 1 st Floor, Achalgiri, 150 Feet Road, Near Maxus Mall, Padmavati Nagar Bhayandar (West), Dist. Thane – 401 101. Tel. : - (022) 65341285 / 09833606065 E-mail : ridham 999@gmail. com ridham. patil@hotmail. com

THANKS

THANKS