PAYROLL MANAGEMENT

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RNC

• PAYROLL MANAGEMENT

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• PAYROLL OUTSOURCING
• AT RNC

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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
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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
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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.
• 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.

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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.
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RNC STRENGTHS
A Specific email helpline created for addressing all payroll related queries
Customization available as per the clients 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
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Payroll Deliverables (Sample Template)
Reports HardCopy SoftCopy
Pay slips v v
Salary Registers v v
Bank Payment Reports / File v v
Company Salary Summary - v
Salary JV (Journal Voucher) - v
Full Final Settlement v v
Labour Welfare Report v -
Monthly ESIC Summary v v
Monthly EPF Report v v
Montly Profession Tax Challan Report v v
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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.)

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Monthly Payroll Processing
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REPORT FORMAT
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PAY SLIP
LOGO COMPANY NAME
ADDRESS ADDRESS ADDRESS ADDRESS ADDRESS
PAY SLIP FOR THE XXXXXXXXX PAY SLIP FOR THE XXXXXXXXX PAY SLIP FOR THE XXXXXXXXX PAY SLIP FOR THE XXXXXXXXX PAY SLIP FOR THE XXXXXXXXX

Name XXXXXXXX XXXXXXXX Site HO
Designation Manager - Internal Aduit Manager - Internal Aduit EPF NO. MH/XXXXX/OO1
D.O.J 10-Apr-09 10-Apr-09 Credited to A/c. 007
         
Earnings Earnings   Deductions Deductions
Basic 7,740.00   Loss of Days 25
DA 5,160.00   Loss of Amount 20806
House Rent Allowance 5,160.00   Provident Fund 300
Conveyance Allowances 2,580.00   ESI 0
Others Allowances 5,160.00   PT 200
Gross 25,800.00   Staff Loan 1000
  Salary Advance 500
  Telephone Recovery 200
Incentive -   TDS 600
         
Total Salary 25,800.00   Total Deductions 23,606.00
         
      NET PAYABLE 2,194.00
      LOAN BALANCE 19,000.00
   
   
   
   
   
   
   
        Employee Signature
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SALARY CONTROL
Company Name Company Name    
   
SALARY ABSTRACT - MONTHxxxxxxxxx SALARY ABSTRACT - MONTHxxxxxxxxx SALARY ABSTRACT - MONTHxxxxxxxxx    
   
Abstract-         Control       Rs.
      As per Previous Month Total Salary       0
Basic   0     Add        
DA   0     YUUUUUUU     0  
Total   0     ABCDEFG     0  
                   
Other Allowances-               () 0
          Deletion        
          HJHGFJ     0  
HRA   0     JKHFGY     0  
Conveyance Allowances   0              
Others Allowances   0           (-) 0
Total   0     As per Current Month Increment        
Gross Salary   0              
                   
Other Earnings-                  
                   
Incentives   0              
Total   0           () 0
Total Salary   0              
          Total Salary As on Feb'08       0
Deductions-        
LOP   0     0
Loss of Pay   0    
PF   0    
ESI   0    
PT   0    
Staff Loans   0    
Salary Advances   0    
Telephone Recovery   0    
Income tax   0    
Total Deuction   0    
         
Net Payable   0    
   
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PF MONTHLYSTATEMENT
STATEMENT OF EPF FOR THE MONTH OF XX'08 STATEMENT OF EPF FOR THE MONTH OF XX'08 STATEMENT OF EPF FOR THE MONTH OF XX'08 STATEMENT OF EPF FOR THE MONTH OF XX'08

Sno. A/C No. Employees Name D.O.J PF Salary Employees Contribution _at_ 12 Employer Contribution _at_ 3.67 Employer Contribution _at_ 8.33 Total
1 MH/XXXX/01 XXXXXXXX 8-Oct-07 2497 300 92 208 600
2 MH/XXXX/01 YYYYYYYY 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 ZZZZZZZZ 24-Dec-07 4000 480 147 333 960
7 MH/XXXX/01 EEEEEEEE 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- ABSTRACT-

Employees Strength Employees Strength Employees Strength EPF Salary

As per last month As per last month 9 As per Paysheet PF Salary As per Paysheet PF Salary 33607 As per Paysheet PF As per Paysheet PF 4034
Addition Addition 2 As per EPF Statement As per EPF Statement 33607 As per EPF Statement As per EPF Statement 4034
Deletion Deletion 2
As on current month As on current month 9 Difference 0 0
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ESI MONTHLYSTATEMENT
COMPANY NAME COMPANY NAME

STATEMENT OF ESI FOR THE MONTH OF XX'08 STATEMENT OF ESI FOR THE MONTH OF XX'08 STATEMENT OF ESI FOR THE MONTH OF XX'08 STATEMENT OF ESI FOR THE MONTH OF XX'08 STATEMENT OF ESI FOR THE MONTH OF XX'08

Sno. Ins No. Employees Name D.O.J ESI Gross Salary Employees Contribution _at_ 1.75 Employer Contribution _at_ 4.75 Total
1   YYYYYYYY 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   ZZZZZZZZ 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

ABSTRACT- ABSTRACT-

Employees Strength Employees Strength Employees Strength ESI Salary

As per last month As per last month 6 As per Paysheet ESI Salary As per Paysheet ESI Salary 38919 As per Paysheet ESI As per Paysheet ESI 680
Addition 2 As per ESI Statement As per ESI Statement 38919 As per ESI Statement As per ESI Statement 680
Deletion 2
As on current month As on current month 6 Difference 0 0
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PF ESI CHEQUE TO ACCOUNTS
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 _at_ 12 4033

Employers PF A/C No.1 _at_ 3.67 1233

Employers PF A/C No.10 _at_ 8.33 2799

Admin Charges A/C No. 2 _at_ 1.10 370

EDLI Charges A/C No.21 _at_ 0.50 168

Admin service charges A/C No.22 _at_ 0.01 3

Total 8606

ESIC

ESI Salary 38919

Head of Accounts

Employees ESI _at_ 1.75 681

Employers ESI _at_ 4.75 1849

Total 2530
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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.
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Some of our reputed list of clients
M/s. G.C.C Club Pvt. Ltd.
M/s. Craft World Pvt.Ltd.
M/s. C.S.Tubes Pvt.Ltd.
M/s. CRP Control Panels Pvt.Ltd.
M/s. Crystal Medicines Pvt.Ltd.
M/s. Arya Crafts Engineering Pvt.Ltd.
M/s. Selvel Publicity Consultants Pvt.Ltd.
The Don Bosco High School
Norton Property Solutions Pvt. Ltd
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Contact Us


RNC

• r.n.Consultant

Office No. 10, 1st Floor,
Achalgiri, 150 Feet Road,
Near Maxus Mall, Padmavati Nagar
Bhayandar (West),
Dist. Thane 401 101.
Tel.- [phone] / 09833606065
E-mail ridham999_at_gmail.com
ridham.patil_at_hotmail.com
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THANKS