Payroll Outsourcing Services in Ukraine

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Payroll processing is not an everyday need of a company and it may be economically impracticable for many companies to keep payroll professionals. When you assign this function to the Chief Accountant, should remember that payroll accounting in Ukraine is a labour and time consuming activity.

Companies will achieve certain advantages when they outsource their payroll accounting to experts of Audit firm "Units Consulting Ltd.", Ukraine:

• Strict confidentiality (including access restrictions for the accounting staff)
• Stay in compliance as tax forms, rates and regulations change
• Supervising authority in the course of additional payments calculations
• Our accountants have no personal interest, which will prevent any fraud or manipulation
• Prevention of management abuse of power when the timeliness and the very fact of the payment of salary turns into a mean of pressure on personnel
• Preparation of detailed management reports
• Preparation of data for budgeting.

In addition, our payroll services are often accompanied by the improvement of psychological situations (avoid conflict) in the company's team related to salaries accrual and payout.

Our major Payroll services includes the following processes:

• payroll processing - payroll is customized to fit your company (multiple locations, departments, deductions, cost centers etc.)
• provide sick/vacation/accrual tracking
• payroll taxes calculation
• pay slips preparation and secure pay slips delivery to employees
• monthly, quarterly and annual reports preparation regarding personal income tax, pension and social security
• dealing with Ukrainian state authorities and personnel requests
• detailed management reporting
• advising the company management on tax and legal issues regulating the payroll aspects

Also please take into account that the payroll accounting is outsourced to an independent professional payroll provider in compliance with Ukrainian legislation, which may be a powerful argument in the course of litigation with employees.

Audit Firm "Units Consulting Ltd.", Ukraine, will also provide Human Resources record keeping administration services, including:

• Human Resources records management, including both the preparation of necessary documents and advising the company on all issues related to human resources
• HR records audit
• Independent attestation of finance managers, accountants and auditors. Independent attestation will help the management to plan staff training and hiring, create HR reserves and adjust staff salaries objectively
• Finance and accounting staff selection. We will introduce only the candidates who pass professional and psychological tests, appear motivated to work in your company and meet your requirements.

To learn more about our Payroll Outsourcing Services and Human Resources Records Administration Services please contact us.

Also see our related audit and accounting services

• Accounting Services
• Compilation Services
• Financial Planning, Budgeting and Forecasting
• Business Tax Services
• Annual Tax Returns

Audit firm "Units Consulting Ltd." provides professional audit and accounting services to the companies, foreign representative offices and firms that operate various businesses and located either in Kiev or in other regions of Ukraine.