Lee Systems Technology Ventures

Payroll Outsourcing in the Philippines

Experience exceptional payroll outsourcing service. First, let our certified payroll experts handle the complexities, ensuring precision and compliance at every step.

Why Choose Professional Payroll Outsourcing Service?

Accurate and professional payroll outsourcing is crucial for top companies to efficiently manage their employees' payroll processes. LSTV offers comprehensive solutions to handle all your operational accounting needs, providing:

LSTV Payroll Outsourcing deals with:

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Salary Computation

Ensures accurate and timely salary computation, tailored to your business needs and local regulations.

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Overtime, Night Differential, Holiday Pay Computations

Handles complex calculations for overtime, night differential, and holiday pay, ensuring your employees are compensated fairly and in accordance with labor laws.

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Statutory Deduction Calculation​

Handles statutory deduction calculations, ensuring accurate and compliant withholding of taxes, social security, and other mandatory contributions.​

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Payslip Generation

Generates detailed payslips, providing clear and comprehensive breakdowns of earnings, deductions, and net pay for each employee.

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Government Report Preparation

Prepares government reports, ensuring timely and accurate submission of required compliance documents and regulatory filings.

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Tax Compliance

Ensures tax compliance by accurately calculating and filing necessary tax documents, meeting all regulatory requirements and deadlines.

What we can do for you

Data Collection

To ensure accurate payroll processing, we gather all essential information from you, including:

1. Employee Data

– Personal information

– Payroll details:

– Basic salary rate

– Compensation details

– Outstanding Loans

– Government ID numbers

– Bank account information

2. Payroll Calendar

– Pay cut-off and pay-out schedule

3. Payroll Policies

4. Processed Attendance Data

5. Other Benefits

6. Other Deductions

7. Salary Adjustments

Payroll Processing

Payroll Processing

Once the data is collected and set up, we process your payroll according to your company’s policies, configurations, and schedule to ensure timely and accurate results. Our services include:

1. Basic salary calculation

2. Overtime and holiday pay computation

3. Calculation of other earnings and deductions

4. Leave conversions

5. Government contributions and deductions

6. Monthly Withholding tax for Non-MWE employees

7. 13th Month Pay and other benefits computation

8. Final pay processing

9. Payroll annualization (year-end)

10. Payslip generation

Reports

After payroll is finalized, we generate all required government and non-government reports on your behalf, including:

  1. Bank advice for payroll crediting
  2. SSS, PhilHealth, Pag-IBIG remittance reports (.dat file and forms)
  3. Monthly BIR Form 1601C
  4. Alphalist report
  5. BIR Form 2316

Book a meeting with us today to discover how we can simplify and enhance your payroll process!

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