Payroll in Czech Republic – scope of the payroll services
As an accounting firm we deal with external payroll processing, especially for small and medium-sized companies. In the vast majority of cases, this is a clearly defined process that includes the activities listed below. We adapt solutions for larger companies in Contract Administration to already set processes and specific needs of the given company.
As part of our payroll services in Czech Republic, we provide:
managing payroll records and outputs in full compliance with current legislation and internal regulations
processing of inputs and outputs
processing changes in personnel output and payroll data
processing of applications and withdrawals of company employees in connection with social and health insurance
importing attendance based on the output from the attendance systém
settlement of monthly gross wages, holiday pay, bonuses, overtime, non-monetary income and other forms of remuneration and compensation (e.g. cars, dividends…)
calculation of deductions from wages and net wages
calculation of income tax, social security and health insurance contributions
preparation of recapitulation of payroll calculation, management and statistical reporting (Trexima, UPN)
preparation of documents for wage accounting (general ledger report)
preparation of payment orders for the payment of net wages, taxes, social and health insurance or other payments to third parties (contributions to private PF, payments to bailiffs, etc.)
the possibility of transferring funds to the Contract Administration client account which then ensures the distribution of individual payments
printing of hidden payslips, possibility of distributing electronic payslips in password-protected PDF, possibility of generating electronic payslips on the E-portal
preparation and sending of statutory monthly reports
preparation of income certificates, credit slips, ELDPs and other certificates as required
processing of the annual payroll agenda including the calculation of the mandatory share of persons with reduced working capacity
completion of annual payroll receipts
provision of information on major changes in labour law, social security, health insurance and personal income tax
Are you looking for multi-country payroll outsourcing services? Check out our offer.