PAYROLL ACCOUNTING

PAYROLL ACCOUNTING

Managing payroll is more than just issuing paychecks — it demands strict regulatory compliance, precise ledger entry, and ongoing liability management. At OBG Outsourcing Private Limited, we take the administrative burden off your shoulders. Our end-to-end Payroll Support Services ensure your workforce is paid accurately and on time, while your financial records remain impeccably balanced.

Our Core Payroll Support Capabilities

Service ModuleKey Deliverables & Impact
Payroll AccountingComplete calculation of gross-to-net pay, statutory deductions, bonuses, and allowances formatted directly for your general ledger.
WPS Payroll SupportFull Wage Protection System (WPS) compliance — generating error-free SIF (Salary Information Files) and ensuring seamless bank transfers.
Salary PostingDirect ledger posting and journal entry creation to maintain complete alignment between HR disbursements and accounting books.
Employee Advance TrackingSystematic recording, tracking, and automated deduction schedules for salary advances, staff loans, and company expenses.
End-of-Service Benefit (EOSB) TrackingContinuous accrual management and precise calculation of gratuities, leave entitlements, and final settlements upon exit.
Payroll Liability ReconciliationRegular audit and reconciliation of unpaid tax withholdings, social security contributions, and accrued payroll liabilities.
Payroll Report ReviewComprehensive monthly review and audit reports to highlight variances, workforce costs, and operational insights for decision-makers.

Why Partner with OBG Outsourcing?

Precision Meets Compliance: Errors in payroll damage employee trust and invite costly statutory penalties. OBG Outsourcing combines rigorous dual-check auditing with localized legal knowledge to keep your operations 100% compliant.

Turnkey Efficiency: From WPS file creation to end-of-service accruals, we handle the entire payroll lifecycle.

Scalable Support: Whether you manage 10 employees or thousands, our payroll workflows scale seamlessly with your growth.

Audit-Ready Financials: Every salary post and liability entry is backed by a clear audit trail for effortless year-end reviews.

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