At Bowdon Accounting Services, we're more than just number-crunchers; we're your trusted financial partners. With a commitment to excellence and a passion for helping businesses thrive, we offer a wide range of accounting and financial services tailored to your unique needs.

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Manchester, UK

Service Overview

Bowdon Accounting Services - Payroll Management

Our comprehensive payroll services ensure that your employees are paid accurately and on time, while maintaining compliance with all statutory requirements. The payroll process is divided into three main stages: 

 

  1. Pre-Payroll Activities
  • Defining Payroll Policy: Establishing clear and consistent payroll policies. 
  • Gathering Inputs: Collecting necessary data such as employee attendance, leave records, and other relevant inputs. 
  • Input Validation: Verifying the accuracy and completeness of the gathered data. 

 

  1. Actual Payroll Process
  • Payroll Calculation: Computing salaries based on validated inputs, applying deductions and statutory contributions, and ensuring accuracy in the final payout amounts. 

 

  1. Post-Payroll Process
  • Statutory Compliance: Ensuring adherence to all legal requirements, including tax and social security filings. 
  • Payroll Accounting: Recording payroll expenses in the financial system for accurate financial reporting. 
  • Payout: Disbursing salaries to employees through appropriate payment channels. 
  • Reporting: Generating detailed payroll reports for management and regulatory purposes.