Payroll Accounting

Experience has shown that hiring a dedicated payroll accountant is often cost-prohibitive for businesses. Entrusting your payroll calculations to us saves both time and money.

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Payroll accounting includes:

  • Wage and tax calculation
  • Timesheet and cost list preparation
  • Employer reporting, including income tax withholding reports and other required filings
  • Employee recordkeeping (personal account cards)
  • Payment order generation
  • Vacation pay calculation
  • Sick pay calculation
  • Employment contract preparation
The service fee for each client is determined through mutual agreement after assessing the complexity of the payroll system and the expected workload. The estimated cost per employee starts at 7.50 EUR,  excluding VAT.