PAYROLL ACCOUNTING | SALARY PROCESSING | PAYROLL COMPLIANCE
Professional Payroll Accounting Services
Reliable payroll accounting and salary processing
support for startups, MSMEs, companies, LLPs,
partnership firms, proprietorships, professional
businesses and growing organisations across
Odisha and Pan India.
BBSR Services helps businesses organise employee
payroll information, salary calculations,
attendance inputs, deductions, payslips, payroll
records and applicable statutory payroll
information.
Payroll Accounting Services for Businesses
Payroll is an important financial and administrative
function for businesses that employ staff. Accurate
payroll processing requires proper employee records,
salary information, attendance inputs, applicable
deductions and organised payroll documentation.
BBSR Services provides payroll accounting and salary
processing support for businesses of different sizes
and structures. Our services can be structured
according to employee strength, payroll frequency,
business requirements and agreed scope of work.
Payroll support can include salary calculation,
employee payroll records, payslip preparation,
payroll summaries, deduction information and
coordination of applicable statutory payroll
requirements.
Accurate Payroll Supports Better Employee Management
A properly organised payroll system can help
businesses maintain employee salary records,
monitor payroll costs, prepare salary statements
and maintain supporting documentation for
applicable compliance requirements.
What Is Payroll Accounting?
Payroll accounting involves recording and managing
financial information relating to employee
compensation, salary payments, applicable deductions,
employer costs and payroll-related records.
Depending on the organisation, payroll accounting
may involve collecting employee information,
calculating gross and net salary, recording
deductions, preparing payslips, maintaining payroll
registers and generating payroll reports.
Payroll requirements vary depending on the
organisation, employee structure, location,
applicable registrations and statutory requirements.
Who Needs Payroll Accounting Services?
Payroll accounting can be useful for organisations
with employees or regular staff-related payments.
Startups
Payroll support for growing teams and
newly established businesses.
Private Limited Companies
Regular salary processing and payroll
record management for companies.
LLPs
Payroll support for LLPs employing staff
across different functions.
Partnership Firms
Salary and employee payment record support
for partnership businesses.
Retail Businesses
Payroll support for stores, sales teams
and retail employees.
Manufacturing Units
Payroll support for factory and
administrative employees.
Our Payroll Accounting Services
Our payroll services can be customised according
to employee strength, payroll structure and the
requirements of the organisation.
01
Employee Master Data
Organising relevant employee information
required for payroll processing.
02
Salary Structure
Organising salary components and applicable
payroll inputs.
03
Monthly Salary Processing
Processing monthly salary information based
on approved payroll inputs.
04
Gross Salary Calculation
Calculation of applicable gross salary
components based on available information.
05
Salary Deductions
Recording applicable employee deductions
based on payroll inputs.
06
Net Salary Calculation
Calculation of net salary after applicable
deductions.
07
Payslip Preparation
Preparation of employee salary slips based
on processed payroll information.
08
Payroll Register
Maintenance of payroll summaries and
employee salary information.
09
TDS Payroll Support
Organisation of applicable employee tax
deduction information.
10
PF Payroll Support
Payroll data support for applicable
provident fund requirements.
11
ESIC Payroll Support
Payroll information support for applicable
ESIC requirements.
12
Payroll Reports
Preparation of agreed payroll summaries
and management reports.
Our Payroll Processing Process
A structured payroll process helps reduce errors
and ensures that salary information is reviewed
before payroll finalisation.
STEP 01
Collect Employee Data
Collect employee master information and
required payroll inputs.
STEP 02
Collect Attendance Data
Review attendance, leave, overtime and
other applicable inputs where relevant.
STEP 03
Calculate Salary
Process salary components and applicable
deductions.
STEP 04
Review Payroll
Review payroll information and identify
apparent discrepancies.
STEP 05
Prepare Payslips
Prepare salary slips and agreed payroll
reports.
STEP 06
Payroll Records
Maintain relevant payroll records for
applicable reporting and compliance needs.
Salary Components and Payroll Structure
Employee salary structures can contain different
components depending on the organisation,
employment terms and applicable requirements.
Basic Salary
Basic component of employee remuneration
as specified in the applicable salary
structure.
Allowances
Applicable salary allowances based on
employment terms and company policy.
Incentives
Performance-linked or other applicable
incentive payments.
Overtime
Overtime-related payroll inputs where
applicable to the employee and business.
Deductions
Applicable employee deductions based on
payroll and statutory requirements.
Net Salary
Salary payable after applicable deductions
and adjustments.
Payroll and Statutory Compliance Support
Payroll may be connected with several statutory
and regulatory requirements depending on the
nature of the employer, employee strength,
location and applicable registrations.
TDS on Salary
Organisation of applicable employee
tax deduction information and payroll
records.
Provident Fund
Payroll data support for applicable
provident fund contributions and records.
ESIC
Payroll information support for applicable
employee state insurance requirements.
Professional Tax
Payroll support for applicable professional
tax requirements depending on the location
and applicability.
Labour Compliance
Payroll records can support applicable
labour-related compliance processes.
Salary Records
Maintenance of salary-related records and
supporting documentation.
Important Compliance Note
Applicability of PF, ESIC, professional tax,
TDS and other payroll-related requirements
depends on the employer, employees, location,
salary structure, registrations and applicable
law. The applicable requirements should be
reviewed for each organisation.
Employee Payslip Preparation
A salary payslip provides employees with a record
of salary components, deductions and net salary
for a particular payroll period.
Employee Details
Employee name, identification and relevant
employment information.
Earnings
Applicable salary components, allowances
and other earnings.
Deductions
Applicable statutory and other authorised
payroll deductions.
Net Pay
Net salary payable to the employee after
applicable deductions.
Industries and Business Sectors We Support
Payroll requirements vary by employee strength,
salary structure, business activity and applicable
compliance requirements. We support payroll
assignments across multiple business sectors.
Manufacturing
Payroll support for factory, production,
administrative and management employees.
Construction
Payroll support for project teams,
supervisors and office employees.
IT and Software
Salary processing for technology companies,
developers and support teams.
Retail
Payroll support for store employees,
sales teams and administration.
Transport and Logistics
Payroll support for drivers, logistics
staff and administrative employees.
Healthcare
Payroll support for healthcare organisations,
clinics and related businesses.
Pharmaceutical
Salary processing support for pharmaceutical
companies and distribution businesses.
Education
Payroll support for schools, training
institutions and education businesses.
Consulting
Payroll support for consultants, agencies
and professional service businesses.
Export and Import
Payroll support for businesses involved
in international trade.
Agriculture and Agri-Business
Payroll support for agricultural enterprises
and allied businesses with employees.
Professional Services
Payroll management for agencies,
consultants and professional businesses.
Payroll Services for Startups and MSMEs
Startups and MSMEs may initially have a small team,
but payroll requirements can become more complex
as the organisation grows.
Professional payroll support can help establish
consistent salary processing, employee records
and payroll documentation from the early stages
of business growth.
Small Team Payroll
Payroll processing for businesses with a
small number of employees.
Growing Team
Payroll support as employee strength
increases.
Multi-Department Payroll
Organised payroll information for employees
across different departments.
Payroll Outsourcing
External payroll processing support based
on the agreed scope of engagement.
Documents and Information Required for Payroll
Employer Information
-
Business constitution details
-
PAN details
-
Applicable registration details
-
Bank information where relevant
-
Existing payroll structure
Employee Information
-
Employee name
-
Joining date
-
Designation
-
Salary structure
-
Applicable employee information
Monthly Payroll Inputs
-
Attendance information
-
Leave information
-
Overtime information where applicable
-
Incentives and adjustments
-
Other approved payroll inputs
Compliance Information
-
Applicable PF details
-
Applicable ESIC details
-
TDS-related information
-
Professional tax information where applicable
Benefits of Professional Payroll Accounting
Accurate Salary Processing
Structured payroll processing based on
approved salary and employee inputs.
Save Administrative Time
Reduce the internal administrative effort
involved in monthly payroll activities.
Organised Records
Maintain structured employee and payroll
documentation.
Compliance Support
Payroll records can support applicable
statutory compliance processes.
Employee Transparency
Payslips and payroll records provide
employees with salary information.
Payroll Cost Visibility
Payroll reports can help management
understand employee-related costs.
Payroll Accounting Services Across Odisha
BBSR Services provides payroll accounting and
salary processing support for businesses across
Odisha, including Bhubaneswar, Cuttack, Puri,
Khordha, Balasore, Rourkela, Sambalpur,
Berhampur, Angul, Jharsuguda, Baripada, Koraput,
Rayagada, Nuapada, Kalahandi, Nabarangpur,
Balangir, Jajpur, Dhenkanal, Keonjhar and other
locations.
Bhubaneswar
Cuttack
Puri
Khordha
Balasore
Rourkela
Sambalpur
Berhampur
Angul
Jharsuguda
Baripada
Koraput
Rayagada
Nuapada
Kalahandi
Nabarangpur
Balangir
Jajpur
Dhenkanal
Keonjhar
Payroll Accounting Services Pan India
BBSR Services also supports suitable payroll
accounting assignments for businesses located
across India.
Remote payroll coordination can be provided using
secure document-sharing and communication processes,
depending on the employee strength, payroll
structure and agreed scope of services.
Why Choose BBSR Services for Payroll Accounting?
01
Business-Focused Payroll
Payroll support based on the structure and
requirements of your organisation.
02
Startup and MSME Support
Suitable payroll support for growing
businesses and emerging enterprises.
03
Employee Record Management
Organised employee and salary information
for payroll processing.
04
Compliance-Oriented Approach
Payroll records can be coordinated with
applicable statutory requirements.
05
Odisha Coverage
Payroll services across Odisha and its
major business centres.
06
Pan India Support
Suitable remote payroll assignments can
be coordinated across India.
Related Payroll, Accounting and Compliance Services
Frequently Asked Questions About Payroll Accounting
What is payroll accounting?
Payroll accounting involves recording and
managing employee salary information,
compensation, deductions, payroll expenses
and related financial records.
What does payroll processing include?
Depending on the scope, payroll processing may
include employee data, salary calculation,
deductions, payslip preparation, payroll
registers and payroll reports.
Do you provide monthly payroll processing?
Yes. Monthly payroll processing can be arranged
based on employee strength, payroll structure
and the agreed scope of services.
Do you provide payslip preparation?
Yes. Employee payslips can be prepared based
on the approved payroll information and agreed
format.
Do you provide PF and ESIC payroll support?
Payroll data support can be provided for
applicable PF and ESIC requirements. Actual
applicability depends on the employer,
employees, registrations and applicable law.
Do you provide TDS payroll support?
Yes. Payroll-related TDS information can be
organised as part of the agreed payroll and
tax compliance scope.
Do you provide payroll services in Odisha?
Yes. BBSR Services provides payroll accounting
support across Odisha.
Do you provide payroll services Pan India?
Yes. Suitable payroll assignments can be
coordinated remotely for businesses across
India.
Can startups outsource payroll processing?
Yes. Startups can outsource payroll processing
depending on their employee strength, payroll
requirements and the scope of engagement.
Can I apply online for payroll accounting?
Yes. Click Apply Online and select Payroll
Accounting as your required service.
Need Professional Payroll Accounting for Your Business?
Whether you are a startup, MSME, private limited
company, LLP, partnership firm, proprietorship,
manufacturing unit, service provider, retailer or
other employer, discuss your payroll requirement
with BBSR Services.
Disclaimer:
Payroll requirements depend on the employer,
employee strength, salary structure, location,
applicable registrations and applicable labour,
tax and statutory requirements. The information
provided on this page is for general information
and service purposes and should not be treated as
individual legal, tax, accounting or labour-law
advice. Specific payroll and statutory requirements
should be reviewed based on the facts and applicable
law of each organisation.