Payroll Outsourced Services
MIHRM offers payroll outsourcing services to its clients and members. The scope of services cover the following:
Preparation of standard payroll reports every month including :
- Payroll summary
- Allowance and deduction reports
- Overtime reports
- Salary reconciliation reports
- Bank listing
- All statutory forms (e.g. EPF, SOCSO, Income Tax, HRDF, etc.)
Preparation of payslips, Borang E and Borang EA
Submission of relevant documentation to the relevant authorities for new or resigned employees
Scope Of HR Payroll Services
- Data Entry of transactions & Computation of Payroll including claims, overtime, allowances, deductions & monthly salary payouts.
- Seek client’s authorized payroll signatories for relevant signature on Letter of Instruction to their authorized banks prior to the chosen date of crediting.
- Make funds request to the Client for the payment of the salaries via their authorized banks, EPF, SOCSO, LHDN and HRDF, and all resignations and newly hired employees after the payroll cut-off date.
- MIHRM will submit all payments stipulated in the item 3 with the documentation to the relevant government statutory bodies before their respective deadlines. This will include banking in of the cheques or online banking into the employees’ bank accounts.