computing and reporting of payroll are very complex processes. Some companies choose to handle these computations and...

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Accounting

computing andreporting of payroll are very complex processes. Some companieschoose to handle these computations and the associated reportinginternally while other companies prefer to outsource these payrollfunctions to a third party.
Answer the followingquestions:
1.Research a payroll processing/outsourcing firm. Report thename of the firm and describe some of the functions this firm canperform for a company. Include a link to the firm's website.
2.Based on what you've learned in this chapter and usingcredible Internet sources, what are the pros and cons ofoutsourcing a company's payroll function?
3. Do you believe it is better to outsource a company's payrollfunctions or perform those functions internally? Why?

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httpswwwadpinservicespayrolloutsourcing 1 Name of the Outsourcing Firm ADP India The firms major Outsourcing functions for companies are listed below a Processing Monthly Salaries based on latest legislative updates processing Investment declarations of your new joins updating on your HRISProviding with consolidated reports Standard Customised b Payroll Compliances Ensure accurate processing of Statutory Compliances through a global leader in payroll compliance Such as Provident FundEmployee State InsuranceProfessional TaxLabour Welfare fund etc C Provides consolidated monthly reports and challans of remittancesFurthermore provides assistance with consolidated information during audits See Answer

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computing andreporting of payroll are very complex processes. Some companieschoose to handle these computations and the associated reportinginternally while other companies prefer to outsource these payrollfunctions to a third party.Answer the followingquestions:1.Research a payroll processing/outsourcing firm. Report thename of the firm and describe some of the functions this firm canperform for a company. Include a link to the firm's website.2.Based on what you've learned in this chapter and usingcredible Internet sources, what are the pros and cons ofoutsourcing a company's payroll function?3. Do you believe it is better to outsource a company's payrollfunctions or perform those functions internally? Why?

computing and reporting of payroll are very complex processes. Some companies choose to handle these computations and...

70.2K

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Question

Accounting

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