Payroll & Salary

Outsource Your Payroll Processing to IMnS and Focus on Your Core Business

At LedgerCorp, we understand that managing payroll can be a time-consuming and complex task, often taking away from your focus on core business activities. Our experienced team of payroll professionals is here to handle all your payroll needs, ensuring accuracy, compliance, and timely processing, so you can dedicate your time and energy to driving your business forward.

Our comprehensive payroll processing services include:

  • Employee Time and Attendance Management: We gather and monitor employee time information and attendance for the selected time period, ensuring accurate payroll calculations.
  • Payroll Tax, Benefits, and Deduction Computation: Meticulously compute payroll taxes, benefits, and deductions, ensuring compliance with all applicable federal and state regulations.
  • Tax Filing and Reporting: We handle all tax filings, including Social Security, federal Medicare, unemployment funds, and direct deposits, maintaining accurate records and timely submissions.
  • Employee Pay Distribution: We distribute employee paychecks (monthly, bi-monthly, or weekly) according to the selected schedule, ensuring timely and accurate payments.

UK Payroll System:

  • PAYE Deduction: Adhering to the ‘HM Revenue and Customs’ (HMRC) system, accurately calculating PAYE deductions from employee paychecks.
  • Employee Payments: From processing employee salary or wages, tips or bonuses, and maternity pay to statutory sick pay, ensuring timely and accurate disbursements.
  • Deductions: Handling tax and National Insurance deductions for most employees, and student loan repayments or pension contributions for eligible employees.
  • HMRC Reporting: We maintain up-to-date records and promptly notify HMRC of changes in employee status or circumstances, such as new hires, resignations, or changes in designation.
  • Annual Reports: LedgerCorp prepare and submit annual reports to HMRC at the end of the tax year, detailing expenses or benefits provided to employees.

USA Payroll System:

  • Wages & Hours: We calculate wages and overtime pay in accordance with the Fair Labor Standards Act (FLSA) guidelines, ensuring compliance with labor regulations.
  • FICA Employer Contributions: We withhold Medicare and Social Security contributions from employee wages as per the Federal Insurance Contributions Act (FICA) requirements.
  • 401(k) Plan Administration: Maintaining accurate records of employee 401(k) plan details, including automatic deductions from paychecks, tax withholding, and contributions.
  • Tax Deposits: We schedule and issue tax payments to the Internal Revenue Service (IRS) in accordance with the IRS deposit schedule, ensuring timely and accurate tax remittance.

Payroll Processing Software Expertise:

Our team has extensive experience using a variety of payroll processing software, including:

  • Gusto
  • ADP
  • Paychex
  • QuickBooks Payroll
  • OnPay

Partner with LedgerCorp and experience the benefits of outsourcing your payroll processing:

  • Reduce administrative burdens and free up valuable time to focus on core business activities.
  • Eliminate the risk of errors and non-compliance with payroll regulations.
  • Gain peace of mind knowing that your payroll is handled by experienced professionals.
  • Enjoy cost savings by outsourcing your payroll needs.

Contact us today to learn more about our comprehensive payroll processing services and how we can help you streamline your payroll operations and achieve your business goals.