Bookkeeping - Payroll Accounting

Talk to our experts:

Payroll Accounting

Payroll is one of the most significant expenses in a business, and it’s also the most dynamic factor. Different employment conditions, personal circumstances of employees, legal changes, and more, all impact the business and force it to deal with both simple and complex payroll issues and reports every month. Our department team helps our clients navigate all emerging payroll issues, legislative updates regarding salaries, and reporting and payment obligations to authorities, including provisions for pension insurance and advanced study funds. Proper payroll management is not just about routine reporting; it’s also a strategic consideration that can significantly affect a business’s financial conduct. Errors or inattention to payroll matters can lead to unnecessary expenses, fines, or employee dissatisfaction. We provide personal support to many businesses, helping to maintain a smooth and orderly payroll management process that also meets all legal requirements.

department services

  • Implementing employment agreements between employee and employer according to the individual/collective contract and legal directives.
  • Supervising correct employer contributions to Income Tax, retirement funds, and insurance.
  • Accompanying and reviewing the correct data entry process for payroll.
  • Handling payroll payments such as: pension and provident fund deposits, and severance pay.
  • Updating employment terms and payroll provisions based on new laws passed in the Knesset and decisions by the Chamber of Certified Public Accountants.

כתבו לנו ונחזור אליכם בהקדם

Write to us and we will get back to you as soon as possible.