Outsource payroll processing service

Payroll being an important function for any organization requires specialization and a clear understanding of applicable laws in processing the payroll of employees. Realizing this requirement, and also to help foster confidentiality and administrative convenience, we provide a wide-range of payroll services and statutory compliance services to our customersto our clients. Our dedicated team of experienced professionals with extensive knowledge of methods relating to payroll processing can provide you with a full-fledged payroll services for all your employees and your top management.

we offer in the area of payroll statutory compliance services are :

1.complete handing of all procedures related to Provident Fund, Profession tax, etc. including generation of the forms,
2.tracking of the contribution of the individual employees, income tax planning vis-a-vis PF contributions, etc.
3.complete statutory compliance related to payroll including those related to Income tax filings including e-TDS returns, etc.
4.issuance of Form 16s, filing of periodical forms with the Government, etc. in an absolutely seamless manner.
5.complete access to the individual employees who can view details of the salary break up, advances, FBT, etc.
6.seamless incorporation of the accounting entries related to payroll, into the TALLY or any other accounting system

Direct Taxation Service in Bangalore

We are a leading name in the field of offering Direct Tax Consultancy Services.Our organization is one of the renowned service providers, engaged in providing Direct Tax  Services to the clients. These are provided by our team of highly qualified and experienced professionals, which conduct in-depth analysis in the respective fields and keep themselves updated with the new amendments. This allows them to send an appropriate report to the clients, which incorporates all the necessary changes took place in the external environment. You can look up to us for your requirements related to income tax services, direct tax services, direct taxation services, transfer pricing services, income tax assessments, income tax appeals, etc.We also advise our clients on the right method to be chosen for transfer pricing and to provide transfer pricing study reports, handling transfer pricing assessments, etc.

We can handle the direct taxation requirements of corporates on a completely outsourced model and the assignment could typically include some of the following elements:

*filing of income tax returns for the Company.
*handling of scrutiny assessments and re-assessments
*handling of income tax refunds.
*handling of investigations, etc.
*assistance in choosing the most appropriate transfer pricing model.
*assistance in transfer pricing documentation.

Internal Audit Service in Bangalore

Internal Audit is an important tool of evaluating corporate governance processes and evaluating the risk management of a business organization. Internal audit is an effective means of evaluating the efficacy of operations, the reliability of financial reporting, compliance with the corporate and statutory regulations, safeguarding of assets and various matters concerning the interest of the company, employees, stakeholders and society in general. On account of the changing business dynamics, recent corporate failures and increased stakeholders accountability, internal audit has a vital role to provide the management with a clear, comprehensive and unbiased analysis of the functional efficiency of the organization and also to suggest possible areas of improvements.

      We have wide experience in implementing the most appropriate internal audit solutions for customers. Please do contact us for your requirements related to internal audit services, management audit services, internal auditing services, project management audit, forensic audit services and audit services.

Some of the areas which get covered in the management audit solutions offered by us  are :

*implementation of the most appropriate internal control and internal check and internal audit  systems.
*study of wastage and leakage at various levels.
*cost reduction and cost management solutions.
*selective audit of large expense heads & outflows.
*fraud prevention and detection systems.
*ensuring implementation of systems and procedures to ensure that credit is taken in respect of  input Excise, service tax, VAT, etc.
*test check of payroll.
*study of Business Performance Measurement systems.
*special Investigations involving study of specific transactions.
*study of the risk profile of the customer.
*development of an appropriate accounting and audit manual.
*development of a process manual.
*handling forensic audit assignments.
*handling stock audit for our clients.

Service Tax Consultant Bangalore

S3solutions well qualified to handle the requirements of our customers, in terms of their requirements related to service tax, central excise and customs duty. Our customers from the services, IT and manufacturing sector would find our services in this area, extremely useful.  We are a well-known service tax consultant in Bangalore, catering to the needs of some highly reputed companies. 
   
        We can handle all issues related to service tax, central excise and customs, on a completely outsourced model. Many of our customers have been able to save significant amounts, arising out of a better understanding of the service tax related issues.  We are also well known central excise consultants in Bangalore, apart from being customs consultants in Bangalore.We have a team of Advocates and CAs, who are well equipped to handle our clients’ requirements related to filing of service tax refunds, filing of service tax appeals, handling service tax appeals, handing show cause notices, filing of service tax returns, filing of ST-3 returns, handling service tax assessments and all other issues related to service tax.

Some of the services that we offer, in this area are :

• availment of cenvat credit in respect of input services, inputs and capital goods
• ascertainment of the monthly service tax liability and filing of the ST-3 returns
• maintenance of the cenvat credit registers
• applicability of the Point of Taxation Rules, 2011 and the Place of Provision of Services Rules, 2012
• documentation support for service tax matters
• handling of issues related to service tax audit, central excise audit and customs audit
• handling of issues related to anti-evasion, enforcement, preventive, DGCEI, etc.
• filing of refund claims and obtaining service tax refunds from the Department

Payroll Service Provider Bangalore

Payroll services

At s3solutions , We process your payment instructions, generate payroll and statutory reports, bank payment files, as well as electronic payslips for your employees and submit it for our purview. We give individual attention to all our clients and address their payroll queries and render advice on payroll policies and practices.

        As part of the outsourced payroll services, we also handle the payroll restructuring, payroll planning and salary restructuring of the clients’ employees, with a view to optimally plan their tax payments.We also handle third-party payroll requirements of some of our clients.

Key features of S3 Payroll:

• Receipt of pre-payroll input data from the client viz.,
• Attendance details
• New employee details
• Deductions – other than income tax
• Leave details – CL, PL and SL category
• Performance bonus or any other additional allowances
• Overtime payments
• Salary design and structure
• Input verification and preparation for processing
• Payroll processing, output file generation, post process output validation and quality checks
• Pay-slip generation
• Capturing employees yearly tax plan & determination of monthly tax computation
• Circulate following to company designated official for review & approval
• Salary Register
• Bank advice
• Other agreed reports, if any
• Fund transfer of salaries into bank accounts of employees
• Full and final settlement procedure – coordination with the concerned HR.
• Obtain the self-declaration statement from the employee and compute the TDS worksheet
• Preparation of the TDS Certificates (Form 16) and issuing the same to all employees   

Bookkeeping Service in Bangalore

At S3solutions, We are a reputed service provider in the area of outsourced book-keeping and accounting services. Our customers are drawn from the services and IT sectors. These services are found highly suitable by the companies in the services  and IT sectors and especially companies in the Small and Medium Enterprise segment (‘SME’).

We handle the accounting / outsourced accounting requirements of our clients including handling the management accounting and MIS, on an outsourced. We can either handle our clients’ accounting requirements on a completely outsourced model or we can supplement the existing accounting infrastructure of our client.We render our help in terms of handling specific issues under our ‘Accounting Support Services’ model, so as to supplement the efforts of the clients’ existing accounting team.

We also render services in the areas of book-keeping services, outsourced book-keeping services,  accounting and book-keeping services, outsourced accounting and book-keeping services. We also render services in the areas of transaction processing services and accounting write-up services.

Some of the areas that we handle under Book-keeping and Accounting services are :

• complete handling of book-keeping, financial accounting and management accounting functions including generation of timely MIS reports which would help the stakeholders to act, rather than react, to changes in the business environment.
• implementation of a Budgeting System which would help track and correct organizational performance on a monthly basis.
• treasury management including hedging of forex exposures, deployment of surplus funds, etc.
• handling of all issues related to export realizations and connected formalities involving RBI, STPI, etc. including filing of periodical returns, softex documentation, etc.
• handling of all direct and indirect tax related issues including assessments, responding to notices from the Incometax Department, Service Tax Department, Central Excise Department, etc. and to appear and conclude issues, on behalf of the Company.
• introduction of profit measuring and monitoring systems to plan, monitor and correct performance to achieve pre-set goals and to effectively use the existing accounting software as a controlling tool, rather than as an accounting tool.
• complete statutory compliance including those related to Income tax, STPI, RBI, FEMA, PF, Service Tax, VAT, etc.
• obtaining refunds of Service Tax from the Central Government, as applicable.
• assistance in handling income tax issues related to transfer pricing, ESOPs, tax assessments, etc.
• tax planning for the Company and its Executives.
• attending hearings with the Income Tax Department, Service Tax Department, etc.
• handling corporate law issues including issues related to Directors, maintenance of statutory registers including Minutes Books, etc.
• complete management of payroll function including TDS compliance, salary restructing to save tax, etc.
• attending meetings of the Board and of the Management.
• handling internal audit of the Company s transactions and reporting to the Management.
• Co-ordination with and handling of the statutory audit.
• assistance in planning for tax exemptions vis-a -vis STPI and SEZ schemes.
• assistance in legal vetting of agreements, documents, etc.
• legal drafting of agreements with customers, employees, etc.
• providing statutory due diligence services
• complete statutory compliance services including those related to Income tax, STPI, RBI, FEMA, PF, Service Tax, VAT, etc.
• obtaining refunds of Service Tax from the Central Governments, as applicable.
• assistance in handling income tax issues related to transfer pricing, ESOPs, tax assessments, etc. Tax planning for the Company and its Executives.
• attending hearings with the Income Tax Department, Service Tax Department, etc.
• handling corporate law issues including issues related to Directors and connected issues. Cash flow planning.
• complete management of payroll function including TDS compliance.
• attending meetings of the Board and of the Management.
• handling internal audit of the Company s transactions and reporting to the Management.
• coordination with and handling of the statutory audit.
• assistance in planning for tax exemptions vis-a -vis STPI and SEZ schemes.
• assistance in legal vetting of agreements, documents, etc. legal drafting of agreements with customers, employees, etc.
• due Diligence in the event of take-over/amalgamation proposals, etc.
• Online accounting services, whereby, we maintain the accounting records of our smaller customers, in our office, in the online version of standard accounting packages, providing our customers with online access to their accounting data.

Virtual CFO Consultant Bangalore

Virtual CFO Services

We provide Virtual CFO services to our clients form the IT/IT Services/ITeS/Software/Services sectors. Under this, we handle the entire CFO portfolio work in conjunction with the clients’ finance and accounting departments. Each client is assigned to one of our qualified professionals who works under the superintendence of the client. Many of our SME clients who cannot otherwise afford a full time CFO find this service very useful, as this saves a lot of time and energy for the clients’ operating managers.
            We provide Outsourced CFO services to our clients from the IT/ITS/ITeS/Services sectors. Under this, the entire CFO related functions are outsourced to us. We operate either independently or in conjunction with the clients’ finance team.We have pioneered the concept of providing outsourced CFO services to SME companies, based on a proven delivery model involving a combination of on-site deployment and comprehensive off-site support. Several S3 as Management Team members have worked as CFOs of large industrial and IT companies and are well versed with the requirements of this critical function.


Our CFO services include handling the following assignments, on a continuous basis, for our clients :

• Cash flow planning, banking, etc.
• Budgeting, Profitability planning and analysis.
• Implementation of and maintenance of a good management accounting and reporting system
• Treasury  Management, including investment of surplus funds.
• Complete handling of accounting and statutory requirements.
• Assistance in the preparation of Business Plans, Project Reports, etc.
• Complete handling of direct and indirect taxation.
• Assistance in choosing the right transfer pricing model and the related issues
• Co-ordination with the external statutory auditors
• Assistance in handling critical issues related to tax and statutory compliance
• Periodical reporting in the clients’ internal formats including on SAP platform
• Developing and maintaining relationships with investors and other stakeholders.
• Maintaining reporting relationship with the CEO / global CFO

Our services are found to be very effective by many companies, in which the critical finance function is handled by one of the promoters / Directors. By handling this critical function, we enable our clients and especially the promoters/directors save significant time and energy, which can be better utilized in their businesses.

Income Tax Consultant Bangalore

S3 Solutions Private Limited is a company engaged in providing full fledged customized business solutions to its clients in the manufacturing, IT, IT Enabled Services, Biotech and other services sector. We believe that understanding our client’s business and continuous improvement is the key to an effective and sustainable outsourcing solution.

Outsourcing is a strategic business tool that is available to progressive Company Managements, looking for effective ways to ensure continued focus on their core business. Cases of more and more Company Managements outsourcing their day-to-day routines of their finance, accounting, statutory compliance and HR or parts thereof, to focus on the strategic issues facing their business, in an increasingly competitive and unforgiving business environment, is very common.

We provide services in the areas of outsourced CFO, accounting, payroll, statutory compliance, indirect taxation and direct taxation. We have experience across a broad range of industries, from manufacturing to industrial to consumer goods to software development to IT Enabled Services to Biotech.

S3 Solutions is promoted by industry professionals, who are already worked as Chief Financial Officers, Taxation Officers and Company Secretaries of large to very large companies. S3 boasts of a cumulative senior level experience at the CFO/VP/GM level of over many man years and it is this experience that S3 leverages, while designing, implementing and running successful and sustainable outsourced solutions for its clients.

Members of S3′s senior management team have wide experience in a variety of industries including Software, Light Engineering, Heavy Engineering, Consumer Goods, Ready Made Garments, Machine Tools, Automobiles, Auto-components and IT Enabled Services. The people behind S3 have been actively engaged in providing outsourced services to clients in Bangalore and outside India, over the last few years.

At S3, we are committed to uncovering the key ingredients to help our clients become high performing businesses, by completely handling their non-core functions on a turn-key basis, that delivers significant Return on Investment on a consistent basis.Welcome then to S3 Solutions, the one shop stop for all your requirements related to finance, accounting, payroll,legal and statutory compliance.