ABOUT US
OutServ was incorporated with one primary purpose… TO SERVE! Under the management of competent leaders and reliable processing team, we are committed to provide all our clients, worry-free outsourcing services, as expected, all the time.
Why Outsourcing?
Companies nowadays should focus more on operational work that has great effect on their core business and not on those other tasks that has no direct contribution. Outsourcing unloads businesses on these non-direct but equally essential processes such as payroll and other accounting works.
Advantages of Outsourcing
Compliance & Accuracy
With our years of experience in payroll processing of different company set-up from different industries and with highly competent staff, you can be assured of full statutory compliance and accurate services.
Confidentiality
No unauthorized
personnel in the organization has
access on your confidential payroll
records.
This eliminates animosity among employees that may lead
to future internal problems and may adversely affect
productivity.
Business Focus
Human Resources
and Accounting will be unloaded
of the tedious payroll processing.
They can all now focus and exert their
time and efforts on more important
tasks that contributes to achieve optimum productivity.
PAYROLL SERVICES
OutServ offers flexible payroll services tailored to any type of business requirements and specifically designed for Philippine requirements. We provide accurate and effective payroll services to make payroll processing easier and cost effective for businesses. At OutServ, WE do the work, which saves you time, effort and money.
PAYROLL PROCESSING
We carry out your payroll processing, and assist you in statutory compliance in relation to payroll services. As professionals, we keep your payroll data in utmost confidentiality.
OUR SERVICES
Process regular and non-regular payroll of employees
A. Processing of payroll registers to include computation of withholding tax, SSS, Pag-ibig and Philhealth, any form of loan deduction, overtime/undertime etc. The option of paying to the corresponding government agency is yours but we also provide that service of remitting to the concerned government agency.
B. Preparing bank list and submits to the bank of your choice a soft copy of the net amount due to the individual employee’s bank payroll account.
C. Provides you with the necessary accounting entries, payroll breakdown, balances of loan and advances every payroll period.
D. Processing of pay slips.
E. Maintains a year-to-date total of earnings and withholding taxes for each employee.
F. Performs annualization of income for the taxable year to determine the amount of withholding tax due from individual employees and as basis of preparing the required Alphabetical list and issuance of BIR form 2316.
Prepare Monthly and Annual Reports
A. Monthly Remittance Payment Returns
1) SSS Contribution (R-3), SSS Loans (ML-1)
2) Philhealth Contribution (Premium Payment Slip & RF-1)
3) Pag-ibig Contribution (MCRF), Pag-ibig Loans (STLRF)
4)Withholding Tax on Compensation (BIR Form 1601C/1601E)
B. Monthly summary reports of individual contributions to SSS, Philhealth and Pag-ibig for submission to the client and/or government agencies.
C. Annual Reports
1) BIR Form 1604CF with the corresponding Alphabetical Listing for submission to the BIR.
2) BIR Form 2316 summarizing the individual gross earnings and taxes withheld.
PROCESS CYCLE
