Most small business in Thailand outsource their payroll services. Monthly Payroll can be a hassle if you are not used to preparing it. Hence, it’s best to entrust the preparation of your payroll to the expert. This allows you to focus your time and effort on other important things. Payroll is an important aspect of the business operation and it should be prepared with care to reflect the precise fund needed for your company’s manpower operation and other expenses.
With payroll services you should also consider Social Security payments as well. They are normally done together each month by an accounting service. Time attendance is also needed for processing if you run a small business where you use a clock card system. Most small companies when they start cannot afford a full time accountant and proceed to outsource this as a service. Most times the entire accounting process is outsourced so that there is the financial statements as well as bookkeeping and accounting service in Thailand outsouced to one singluar company.
G.A.M. Accounting and Tax Consultants is a qualified firm that can assist you with all your accounting and tax planning needs in Thailand. Contact us today for a free consultation about our services.