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Bangladesh

Salaries out on time, and accounted for properly.

Payroll eats the last week of the month in most companies, and the part that goes wrong quietly is not the payment. It is the accounting behind it: provident fund and gratuity carried as a guess until somebody has to fund them.

Who this is for

  • Headcount has grown past the point where a spreadsheet is safe.
  • You run a provident fund or gratuity scheme and are not certain the accrual is right.
  • Reimbursements arrive as photographs and leave as arguments.

How it runs

  • Salary calculated, checked by a second person, and reconciled to the ledger.
  • Provident fund and gratuity accounted for on a basis you can explain.
  • Reimbursements handled against your own approval rules.
  • A payroll cost report you can read next to the rest of the month.

What is included.

  • Payroll processing and reconciliation
  • Salary calculation and accounting
  • Payroll reports and cost analysis
  • Employee reimbursements
  • Benefit accounting
  • Provident Fund and Gratuity accounting
  • TDS on salary calculated and scheduled for filing
  • Leave, overtime and final settlement recorded to Labour Act definitions
  • Payroll software setup
  • HR-finance data integration
Questions

Before you call.

Do you deduct and file TDS on salary?

We calculate it and schedule it for filing. The filing itself goes to whoever files for you, because deposit and return submission sit with a licensed firm rather than with us.

How are provident fund and gratuity handled?

Accounted for on a basis you can explain, every month, rather than carried as a guess until somebody has to fund them. That is the part of payroll that goes wrong quietly.

Can payroll stay confidential from the rest of the team?

Yes. Payroll is handled separately with access restricted to the people you name. It is one of the first things permissions are set up for.

What about final settlement when someone leaves?

Leave, overtime and final settlement are recorded to Labour Act definitions rather than to whatever was done last time. Settlements are where inconsistency turns into a dispute.

More general questions are answered on the contact page.

Start with a look at your books.

Fifteen minutes, no charge. We say honestly whether we can help, and what it would cost.