Payroll Outsourcing

When using payroll management service, HR2B undertakes all professional work from calculation to periodic reporting:

• Monthly payroll reporting: Calculate and create accurate payroll tables for all employees of the business.
• Personal income tax (PIT) management: Register PIT tax code, increase/decrease dependents for employees. Deduct, declare and pay taxes monthly/quarterly; while conducting annual or quarterly tax settlement according to regulations.
• Compulsory insurance: Perform procedures related to Social Insurance (BHXH), Health Insurance (BHYT) and Unemployment Insurance (BHTN) monthly: new registration, report reductions during BHXH contribution process, implement BHXH regimes (illness, maternity, etc.), close BHXH ledger.
• Trade union fund: Calculate and pay union fund and membership fees in full according to regulations.
• Labor management: Perform labor use reports for all labor management agencies periodically

The payroll service deployment process with standard security at HR2B includes the following steps:

• Step 1: Data collection and standardization: HR2B collects attendance data and information on personnel changes occurring in the period to standardize information, thereby ensuring consistency and accuracy for subsequent calculations.
• Step 2: Data verification and confirmation: Confirm payroll data from the source provider (customer) and control worksheets according to internal procedures to minimize confusion and errors.
• Step 3: Establish formulas and policies: Build a separate salary structure for each customer according to requirements but still ensure compliance with insurance and personal income tax regulations set synchronously in the system, helping payroll be calculated automatically and consistently for all personnel.
• Step 4: Create payroll table: Based on the established formula, HR2B calculates total income, deductions and net salary for employees. Special cases such as resignation or mid-period salary changes will be carefully reviewed.
• Step 5: Review and approval: The payroll table is reviewed one last time to ensure income structure and total payroll fund are consistent with approved budget. This process helps confirm financial validity and limits the risk of disputes after payment.
• Step 6: Send payroll reports to customers and pay slips to employees: Pay slips are sent separately through secure system to make income and deductions transparent to workers. HR2B supports receiving and answering employee inquiries before completing the payroll period.
• Step 7: File and report storage: At the end of the payroll period, all payroll tables and tax and insurance documents are stored in the system for audit and settlement purposes, while helping businesses monitor payroll fund changes and build sustainable financial plans.

HR2B provides professional payroll management service, helping businesses optimize payroll process, ensure accuracy, security and compliance with current regulations. With experience implementing for many domestic and international businesses, HR2B brings comprehensive solutions that help businesses operate with confidence and focus on sustainable development..