Payroll Services

Scope of responsibilities

• Record personal data of employee to the payroll system and updating of Employee Record when required
• Processing monthly salary including new employees and resignations
• Processing overtime claims, commissions, allowances, reimbursement of expense claims, salary adjustment and any other amendments
• Performing the monthly salary reconciliation, computation of salary for the incomplete month and computation of last salary for resignee including balance annual leave or deductions
• Preparation and Liaison with the Central Provident Fund Board (CPF) for the Employer’s Registration
• Generating payroll reports (Payroll Summary and Bank List) for your approval and advising you of the total remittance required for each month’s payroll
• Preparation of Pay slip for employees
• Crediting of net salary payment directly into employee’s bank account through our HSBC Trust Clients Account
• Preparation of End of the year bonus other incentive payments
• Computation of monthly CPF contributions and arranging payment to the CPF Board on behalf via electronic CPF online
• Year-end preparation of Form of IR8A/S (Return of Employee’s Remuneration) for submission to the Inland Revenue Authority of Singapore (IRAS).