Payroll Processing & Administration Services
At Ontriq, we offer accurate, timely, and fully compliant Payroll Processing and Administration services that help businesses manage employee compensation with confidence. Our payroll solutions reduce administrative burdens, eliminate errors, and ensure adherence to all Sri Lankan regulatory requirements including EPF, ETF, PAYE, and gratuity obligations.
Payroll Services in Sri Lanka
Payroll processing in Sri Lanka involves complex calculations across multiple statutory requirements. These include EPF contributions at 12% (employer) and 8% (employee), ETF at 3%, PAYE income tax deductions, and compliance with the Shop and Office Employees Act. Errors in any of these areas can result in penalties, employee dissatisfaction, and regulatory action.
Ontriq's payroll outsourcing service handles every aspect of your payroll, from monthly salary calculations and statutory deductions to payslip generation and year-end tax reporting. We integrate with your HR management systems to ensure seamless data flow between attendance, leave, and compensation.
Our Payroll Services
End-to-end payroll processing and statutory compliance.
Monthly Payroll Processing
Calculating salaries, bonuses, deductions, overtime, and net pay with complete accuracy every month.
EPF & ETF Management
Computing employer and employee EPF contributions (12% + 8%) and ETF (3%), preparing remittance forms, and ensuring timely submission.
Statutory Compliance
Managing all government-mandated contributions, filings, and labor law requirements including PAYE, gratuity, and Workmen Compensation.
Payslip Generation
Secure, timely issuance of detailed digital payslips with full breakdown of earnings, deductions, and net pay.
Tax Calculations & PAYE
Accurate PAYE tax deduction calculations, year-end tax documentation, and employee tax returns support.
Leave & Attendance Integration
Syncing payroll with attendance and leave management systems for accurate compensation calculations.
Benefits Administration
Managing expense claims, incentives, allowances, reimbursements, and other employee entitlements.
How We Process Payroll
A reliable, accurate payroll cycle every month.
Data Collection
Gathering attendance, leave, overtime, and variable pay data each month.
Payroll Calculation
Processing salaries, deductions, statutory contributions, and tax calculations.
Review & Approval
Quality checks and client approval before finalization.
Payslip Distribution
Generating and distributing digital payslips to all employees.
Statutory Filing
Submitting EPF/ETF remittances and PAYE returns on time.
Frequently Asked Questions
Common questions about payroll services in Sri Lanka.
What payroll services does Ontriq provide in Sri Lanka?
+
Ontriq provides comprehensive payroll services including monthly salary processing, EPF/ETF calculation and remittance, PAYE tax deductions, payslip generation, leave and attendance integration, statutory compliance, year-end tax documentation, and benefits administration.
How do you handle EPF and ETF contributions?
+
We calculate employer and employee EPF contributions (12% and 8% respectively) and ETF contributions (3% employer) for each payroll cycle, prepare the remittance forms, and ensure timely submission to the Central Bank of Sri Lanka and Employees Trust Fund Board.
Can you handle payroll for companies with remote employees?
+
Yes, we manage payroll for distributed and remote teams across Sri Lanka. Our cloud-based systems handle multi-location payroll processing, attendance tracking integration, and digital payslip delivery.
What statutory compliance does your payroll service cover?
+
Our payroll service covers EPF/ETF contributions, PAYE income tax deductions, gratuity calculations, Workmen Compensation Fund requirements, and all relevant labor law compliance including Shop and Office Employees Act requirements.
How secure is employee payroll data with Ontriq?
+
All payroll data is processed through encrypted systems with role-based access controls. We comply with Sri Lankan data protection requirements and maintain strict confidentiality protocols for all employee financial information.
What is the cost of outsourcing payroll?
+
Payroll outsourcing costs depend on the number of employees, complexity of your compensation structure, and additional services required. Contact us for a customized quote. Our pricing is transparent with no hidden charges.
