In a business, payroll is the sum of all financial records of salaries, bonuses and deductions for an employee. In accounting, payroll is the amount paid to employees for services they provided during a certain period of time.
From a business perspective, payroll is a key area as employees are reactive to payroll errors and issues. Employee morale is dependant on payroll being paid in a timely and accurate fashion.
From an accounting perspective, payroll is critical because payroll and payroll taxes affect net income and are subject to strict laws and regulations.
Administering your payroll can often be time consuming, diverting energy and resources from the core activities of your business. It is often the biggest cost to an organisation yet is regularly thought of as being mundane and unimportant.
At Goringe Accountants Ltd we strive to provide a professional, accurate and responsive outsourced payroll service which means we pay great attention to detail and work closely with you to achieve that. Our product is tailored to provide each client with a simple and efficient service whilst still maintaining a very high level of security.
Our services include:-