Start of the project |
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Acquisition of all company data and personnel data, verification of integrity on the basis of checklists
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Set up the company's individual database structure
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Starting a business means applying for an official company number, as well as signing up for health insurance, registering with the local tax office and workmen’s compensation board
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Before the monthly payroll run
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Complete and forward forms for starters and retiring or leaving employees
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Collection of data of pension contracts
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Collection of data of garnishments and assignments
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Calculate entitlements
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Collection of data of tariff changes such as change of wage group
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Collection of data of corrections by retroactive accounting
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Collection of data of rate of absenteeism, e.g. to show a holiday account on the payslip
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Collection of data of payments such as performance-based benefits, bonuses, refunds of travel expenses, all variable components of salaries and wages
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Collection of data of all fixed remuneration components and one of payments
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Change of personnel data concerning relocation or marriage
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Process payroll
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Calculation of main cost areas, cost objects, payroll subunits
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Provide gross to net summary of wages for each employee, social security contributions, wage tax, pay journal, pay accounts
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Provide monthly summary of earning and employer payments
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Provide payslips in window envelopes ready to post to employees home addresses
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Provide copy payslips for employer
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Subsequent payroll process
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Process and provide company-specific reports
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Process and provide announcements and declarations with the German authorities
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Provide departmental analysis for accounts department
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Provision of clients specific reports
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Provide spreadsheets for payroll input information
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Fill in forms and certificates for submission to authorities and institutions
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Tax year end procedure
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Process and provide annual wage accounts and journals
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Process and provide end of year certifications for the workmen’s compensation board
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Process and provide end of year certifications for the health insurance companies
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Calculation of accruals for unused vacations
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