ACCOUNTING AND BOOKKEEPING SERVICE OFFERINGS
We offer a full range of cost-effective Accounting & Bookkeeping solutions that are scalable so that you can increase services during pick periods and then cut back on those services when they are no longer required. We can assist your business with the following
How much more profitable could your business be if you focus on right things?
Let GLC take care of your Accounting and Bookkeeping needs
How much more profitable could your business be if you had the time to focus on the actual business instead of handling a range of administrative tasks? GLC accounting offers you options for better management of your accounting and bookkeeping functions.
Our Technical Expertise at your disposal
Our Technical Expertise
Leverage the advanced technical expertise of our team members to help you realize increased profitability through efficiency gains and robust accounting and bookkeeping solutions which allows you to minimize the time you spend on these functions.
Timely, cost-effective, scalable solutions from GLC translate to business growth for your company.
Bookkeeping Services
How does it help?
BUSINESS ANALYSIS SERVICE OFFERINGS
As your business grows, so does your need to acquire more sophisticated, forward-thinking approaches for making sound decisions. Decisions made without considering historical financial and operational data or future projections can lead to significant financial setbacks and reduced profits.
Our Business Analysis services arm you with the business intelligence necessary to formulate decisions that minimize internal costs and maximize the potential for bottom-line growth by helping you identify the right products and services on which to focus. We can assist you in taking your business one step further by helping you understand what your data really means, what the operational outcome will be without adjusting your current processes and operations, and what your current options are for moving forward.
BENEFITS
No more payroll headaches
Efficiency and staff experience go hand in hand. Employees want timely and accurate salary payments and employers want access to real-time information (RTI) and a smooth and accurately delivered payroll service. GLC provides a comprehensive payroll service that not only makes organization more efficient and current but also improves the employees’ payroll experience.
Who’s payroll outsourcing for?
Right from small start-ups, big enterprises to accounting firms we provide a fully managed payroll service for a range of organisations. We also provide specialised payroll services to suit certain sectors and run a daily payroll for a number of recruitment agencies.
What are the benefits of outsourcing payroll?
• Reduce cost: Control administrative spending whilst continuing to improve payroll efficiency. It’s not uncommon for our clients to reduce in-house payroll costs by up to 40-50%
• Accuracy: Many businesses pay a penalty for late and inaccurate filings. Our current payroll accuracy rates meet the SLAs defined by our clients at 99.6%
• Direct deposit: Setting up a direct deposit for your employees can be a nuisance if you don’t use an outside payroll service. We’ll set you up on a direct deposit, eliminating the pain of processing and reconciling checks.
• Up-to-date: Tax codes and legislation keeps changing – do you want to keep up with the latest? We use payroll software that is HMRC compliant and RTI-ready. These include but are not limited to Safe Tempest Software, Merit, Sage, and Payroll Manager
• Less admin: Our clients might know how to process payroll but that doesn’t mean they enjoy it. They prefer generating revenue, not handling administrative tasks
• Forget filing requirements: We’ll file PAYE and NICs for you on time.
01. Scope of work
01. Scope of work
Payroll schedule setup for each client as per policy. Generation of weekly or bi-weekly or monthly payroll of all employees. Tax payments including federal withholding tax, state income tax and employment taxes
02. What you must provide
02.What you must provide
A completed W-4 form for each employee. Pay rate and weekly or bi-weekly or monthly payment schedule for each employee. Attendance report or timesheet of each employee
Bank information for making payments.
03. Reports
03. Reports
Weekly or monthly job progress reports. Check stubs or pay stubs sent to the client. Payroll returns (Form 941 and NYS-45) filed electronically or manually. Email confirmations from your clients confirming payroll returns.