Payroll Outsourcing Services in the Philippines

Payroll processing in the Philippines takes a lot of time because we have many labor rules to consider and many government forms to submit. Payroll and labor code compliance is one of the main cause of headaches to business owners and one of the main barrier to good employee and employer relationships.

Our company provides complete payroll solution from the computation of employee salaries and bonuses to the preparation of the required compensation based reports that need to be submitted to SSS, PHIC, HDMF and BIR.

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Our Payroll Outsourcing Services Includes

  • Computation of basic salaries
  • Computation of overtime pays, night differentials, rest day and holiday pays
  • Computation of employee leaves
  • Keep track of available leave balances
  • Computation of WTAX, Annual Tax, Final Tax, Fringe Benefit Tax and other taxes applicable to the employees
  • Computation of SSS, PHIC, HDMF and Union contributions
  • Computation of loans and other employee deductions
  • Computation of 13th month pay and other bonuses and benefits
  • Preparation of Monthly, Quarterly and Annual government forms and other reports such as
    • SSS Form R5
    • SSS R3 with data file
    • SSS ML1
    • SSS ML2 with data file
    • PHIC RF1
    • BIR Form 1601-C
    • BIR Form 2316
    • BIR Form 1604-CF with Alphalist and data file

How Our Payroll Outsourcing Services Works?

Here is a basic illustration showing how our payroll services works for each payroll period.
Payroll outsourcing services diagram

  1. We will gather all your employees time sheet and other payroll related documents like the following
    • Records of newly hired employees
    • Records of separated employees that are no longer included in the payroll
    • New loans
    • Salary adjustments
  2. We will review and check all the documents and record them in our system.
  3. We will compute all earnings and deductions such as
    • Tardy, undertime and absences
    • Leave pays
    • Loan deductions
    • Taxes
    • SSS, PHIC, HDMF employee and employer contributions
    • Union dues
    • Adjustments
  4. We will review the computed payroll and create reports to send in your office such as
    • Payslips
    • Payroll registers
    • Bank advice
    • SSS, PHIC, HDMF monthly, quarterly reports (whichever is applicable)
    • Monthly, quartery BIR reports (whichever is applicable)

Testimonials from Clients

Below are some of the testimonials from our clients.

I am a new business owner and MPM has helped me keep my books and filing of taxes orderly. Besides that I get expert advice relevant to my business and my transactions are encoded in their proprietary system so I can ask for a report anytime. I could never have done it on my own.

- Aleph Zero Research

Outsourcing with MPM was the best decision I ever made. It’s a hassle free accounting. It saves time and money. They are on-time, accurate, updated and provide solutions to our accounting matters. Unlike doing it on our own, which has a high risk for errors and takes time because I need to make the basic familiarity. Highly recommend.

- Marlandair Travel Inc.

Considering all you need to know to comply with all the government requirements and the value it creates to the company if you know all of it, to outsource is a necessity not an option especially if you\\\'re a small-medium business. It\\\'s more cost effective to outsource and hire someone who has the knowledge and experience and not all accountants can do it properly. With MPM Consulting Services, we are happy with the quality of service and we recommend them especially to foreign and new business owners.

- Modelling & Detailing Services - Manila Inc.

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