Hi friends
I am Rajesha. i have started a BPO services in my home town... I want to add Payroll Accounting as one of the process.. i know very little about the payroll... Please give me full details so that i can plan for the process. Please share all relevant information and legal difficulties in the payroll accounting.. Please encourage me.. waiting for ur valuable reply... please reply as soon as possible..
I need information for following subjects...
1. PF- whether client will submit the monthly returns or Payroll firm will do the same
2. What is the process for data collection
3.How to process the data and deliver the services
4. what are legal difficulties in the payroll outsourcing
5. Which is the best and least cost software say around 5000k.
6. What are the end to end services the Payroll firm will provide to clients
Please reply and give suggestions.. Its my humble request. Please encourage the young business people..
Thanks in advance....

From India, Bangalore
Anonymous
rajesh bhai your are planning to start a payroll processing firm and if you dont have any knowledge about the same pls dont waste time ...try to start a business you are completely aware of.

Dear Rajesha,

Your Idea is Very Good. u Learn everything in any Institute . My Company also Conduct HR & PaYRoll Training Course. My Company also Provide in Payroll Software.

The details of the course are as follows:

1. Course duration - One month.

2. Course Content

1. Payroll

2. Recruitment

3. Appraisal

4. Training

5. PF & Statutory forms & Regulations

6. ESI & Statutory forms & Regulations

7. Professional Tax

8. Income Tax (Tax deducted at source from salary)

9. Final settlement

10. Bonus Act & computation

11. Arrear computation

12. Loan Payment & Deduction

13. Leave, Time & Attendance

14. Reimbursement

15. Journal entry to Accounts

3. Course Timing – Monday to Saturday morning 08:30AM – 07:00PM any convenient time can be chosen by the student / candidate. (2 hrs per day)

4. Course Highlights

- On the job training

- Placement Assistance

- Practical exposure

- Learn APPLECART (One of the best HR & Payroll softwares in India)

5. Course Fee – Rs. 9,000/- (Rupees Nine Thousand)

6. Course certification – On course completion, certificate and a CD shall be provided.



Sathish Kumar T - 9710405956(mobile)

TRAINING TEAM

COSMOSOFT TECHNOLOGIES LIMITED

# 141, ARCOT ROAD, KODAMBAKKAM, CHENNAI, TAMIL NADU , INDIA , 600 024

Phone : 91-44-23723206 / 07 / 08

Fax : 91-44-23723247

eMail :

Web : <link no longer exists - removed>

From India, Madras
Dear Sir,
It takes years to understand payroll, This is subject cannot be learnt through books. Accounting and Payroll are very very critical aspects of the company though Non core activity,
The knowledge you must have should be competetive to speak with the Head of Finance or the CAs. The software you use should be Flawless atleast in books if not 100% practical. The processes should be learnt very fast since the competitors will be spying on opportunities to grab your clients.
Learn the art of Payroll, Accounting and Management well to Excel in this business.
I wish you all the very best.
Regards
Abdul

From India, Madras
Hi... Thanks a lot for your reply... Please sugest me how i can take this project to success... How much time it requires to complete this project... Please do help...
From India, Bangalore
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