June 2022

Shadow Payroll: How Businesses Are Managing International Employee Costs

November 12, 2024June 30, 2022

What is Shadow Payroll? Shadow Payroll is a method of calculation and reporting of social security payments and other taxes to the relevant authorities of the country where an expatriate employee goes for a long or short-term project. Meanwhile, the native country or home country is actually from where the employee will receive his wages. It reveals that the shadow payroll is not actually used to pay workers or expatriate workers, however, it is only a technique that enables the …

Best HR Services in Dubai, UAE

November 13, 2024June 20, 2022

HR services in Dubai involve contractual agreements between third-party service providers and businesses whereby the latter hand over the responsibility for and the management of certain functions of a Human Resource department to external parties. There are different kinds of options for HR outsourcing in Dubai. The options may be specific to one aspect or HR function like applicant tracking for positive action purposes. HR services may be broad as well like outsourcing an entire department of HR to a third party. In …

Small Business Payroll Processing in UAE

November 12, 2024June 15, 2022

The needs of small businesses when it comes to payroll processing can differ from the requirements of large enterprises. A small business in UAE has fewer staff that can handle payroll, which means it is absolutely crucial to possess the right kind of system and have it in place in order to handle this important task. By understanding the difference between large enterprise payroll and small business payroll, you are able to find the payroll processing system that perfectly works …

Payroll Accounting : Everything You Need to Know

November 14, 2024June 9, 2022

Payroll accounting involves the calculation and distribution of salaries, wages, and withholdings to certain agencies and company staff. It also involves issuing reports to company management, so they’re informed regarding company labor costs and payroll expenses. Quick Enquiry The primary kinds of journal entries for payroll are as follows: Initial recordation – this is the primary journal entry for payroll. The entry records gross wages that are earned by each employee, including withholdings every pay period, as well as …

Month: June 2022