- Calculation of monthly net salary of the employees and preparation of the pay slips.
- Delivery of pay slips to the employees (via secured e-mail or sealed envelope).
- Preparation of salary breakdown in the format of banks in order to process the payment automatically.
- Preparation of payroll cost accounting entry based on the cost centres agreed, preparation of upload file to ERP system (where requested).
- Preparation of monthly payroll report specified by the clients.
- Tracking of annual leave rights, calculation of annual leave accruals.
- Calculation of severance payment accrual as per Turkish GAAP and IFRS.
- Preparation of periodic official reports and declaration to the authorities.
- Registration of newly hired and notification of employees leaving.
- Calculation of severance and notice payments (if required).
- Advice of any changes in Labour, Social Security and Income Tax Law which has an effect over the payroll calculation.
- Preparation and maintenance of individual employee files.
