Simplify and streamline global payroll
Manage your global payroll, people, and payments on one platform, So you can focus on what matters – your business.

Everything you need, synced with payroll.
All our features work together seamlessly on one platform — health insurance, 401(k), workers’ comp, time tracking, PTO, and more.

We play nice with others too.

a) Payroll Reconciliation

Payroll Reconciliation Procedure
Even if the entire procedure seems overwhelming, once it is divided into the following 6 parts, it becomes much more manageable:

1. Make sure that the payroll register appropriately displays wages and hours
2. Verify attendance information
3. Check pay rates
4. Observe your tax deductions and payments
5. Keeping books up to date
6. Submit Payroll

b) Payroll tax reporting

• Our team will keep track of all the due dates, manage the payments and provide the essential status reports.
• We make sure that you file the federal, state, and local tax returns on time.
• We also take charge of processing payments for all payroll tax liabilities.
• Our team can assist in filing various federal payroll tax forms like Form 941, 940, W2, and various state payroll tax forms.

c) Payroll processing

• Processing monthly payroll and computing employee benefits
• Payroll reimbursements, such as Leave Travel Allowance, motor car expenses, etc.
• Payroll registers and reports
• Full and final settlements
• Electronic salary and tax slips through ESS
• Employee helpdesk

d) Payroll Accounting

Doing your own accounting and payroll is appealing to many small businesses until you've grown enough to benefit from outsourcing these services. Outsourced accounting and payroll can save you time and money through tax strategy, records to guide business decisions, and professionally-handled payroll.

Here are the six steps to set up payroll accounting for your small business:

1. Set up accounting software. Without decent accounting software, you will have to track all of your payments manually, which can be quite difficult. The right accounting software can make this much easier.
2. Create accounts for each expense type. As part of your accounting software setup, you’ll have to set up accounts for each expense that’s part of your payroll, including employee compensation, commissions, bonuses, payroll taxes, 401(k) matching and FICA withholding.
3. Set up recurring payments to employees. Once you set up your accounting software, you can program the software to issue regular payments to your employees.
4. Categorize payment portions. Break up your payments to employees into various categories for each covered expense (Medicare, taxes, etc.).
5. Process payments. As your employees complete their work, you’ll make regular payments to them, tracking all your business’s portions of those payments in your payroll accounting program.
6. Reconcile regularly. Even if you have payroll software that issues the payments to your employees and categorizes them automatically, it’s still important to check these payments routinely to ensure they are accurate and broken down correctly.

All this can be done under one roof, at Acura books. Just outsource your services and sit back & relax!

e) Payroll data record, maintenance and analysis

We can keep complete track of your payroll data and easily incorporate any additions, modifications, or deletions which usually occur due to changes in law, statutory bonuses, or compensation to the employee on account of resignation.

Our Value Addition

• End-to-end solutions through a Single Point of Contact
• Manage complex and dynamic labor compliances
• Compliant with GDPR and data protection laws
• Integrated platform for multi-state payroll processing and reporting