Payroll outsourcing for Sri Lankan employers
Correct pay, on time, every month. We calculate salaries and statutory deductions, issue payslips and prepare the bank file for you to approve.
Manpower and HR
Payroll outsourcing from Colombo
Payroll is the one process every employee checks. A single wrong deduction or a late salary costs more goodwill than months of getting it right. Our payroll outsourcing service takes the monthly calculation off your team: we collect the inputs, work out gross to net pay for every employee and hand you a payroll that has been checked before anyone is paid.
How we work
Each run covers basic pay, overtime, allowances, commissions, no-pay leave, loans and salary advances, with EPF and ETF contributions and APIT deductions calculated under current Sri Lankan rules. We then prepare payslips, the bank upload file for salary transfers, the EPF and ETF schedules and a payroll journal for your accounts. You approve the totals and release the payment.
Good to know
Every run is checked twice. One person prepares it and a second compares it with last month, employee by employee, and explains each change: a new joiner, a leaver, an increment or an unusual overtime claim. Only a small named team can see salary data, and the variance report travels with the payroll so you can approve it knowing what moved and why.
What is included
Input collection
Attendance, overtime, joiners, leavers, increments, commissions and deductions gathered on an agreed date each month, with missing items chased early.
Gross to net calculation
Basic pay, allowances, overtime, no-pay leave, loans and advances calculated for every employee according to your pay policy.
EPF, ETF and APIT
Employee and employer EPF, employer ETF and APIT deductions worked out each month, with contribution schedules ready for payment.
Payslips
Clear payslips delivered to each employee by password-protected email or your HR system, with pay queries answered by our payroll team.
Bank file and journal
A salary transfer file in your bank's upload format and a payroll journal coded to your chart of accounts.
Final settlements
Leaver calculations covering final salary, leave due and gratuity where it applies, prepared for your approval.
How we set it up
Map your payroll
We document your pay elements, policies, cut-off dates, approval steps and bank, and load your employee master data.
Run in parallel
For the first cycle we calculate payroll alongside your current process and resolve every difference before going live.
Process each month
Inputs in, calculation, second-person check and variance report, then payslips, schedules and the bank file.
Approve and pay
You approve the totals and release the transfer, and we file the records and answer employee pay queries.
Why Elevracorp for payroll
- 01
Checked before it is paid
A second person reviews every run against last month and explains each difference before the payroll reaches you.
- 02
Statutory dates kept
EPF, ETF and APIT figures are ready well before their due dates, so payments are never left to the last day.
- 03
Salaries stay private
Pay data is handled by a small named team outside your office, so salaries are not visible to colleagues.
- 04
No single point of failure
Payroll no longer depends on one person in your office being available at the end of the month.
Related services
HR outsourcing
HR administration, records, letters, leave and an employee help desk in three languages.
Finance and accounting
Bookkeeping, payables, receivables, reconciliations and month-end close in your software.
Contract staffing
Staff employed by us and working for you, for projects, seasonal peaks and fixed terms.
What do you need from us each month for payroll outsourcing?
An attendance and overtime summary, details of joiners and leavers, changes to pay such as increments or new allowances, commissions, and deductions such as loans or salary advances. We agree a cut-off date and a simple input template at the start, send a reminder before each cut-off and chase anything missing, so the payroll is never held up by one absent figure.
Does your payroll outsourcing include EPF, ETF and APIT?
Yes. Each month we calculate employee and employer EPF contributions, employer ETF contributions and APIT deductions, and prepare the schedules your company needs to make the payments. The payments themselves go from your company account, so you keep control of the funds. We also keep the records you need for year-end returns and for any inspection.
Can payroll outsourcing work with our existing payroll software?
Usually, yes. If you already use a payroll system, we work inside it with our own user logins, which keeps your data and pay history in one place. If payroll currently lives in spreadsheets, we can run it in a controlled workbook with locked formulas, or help you choose a payroll system before we take over the monthly run.
Who can see salary information in your payroll outsourcing service?
Only the small named team assigned to your payroll, each with an individual login and a signed confidentiality agreement. Payslips go directly to each employee, reports go only to the managers you name, and salary files are never kept on personal devices or sent through personal email. Access is reviewed whenever someone joins or leaves the team.
Get a quote for payroll
Tell us the roles, how many people and when you need them.
What happens next
- We replywith a few questions about the work.
- A short callto agree scope, volumes and timings.
- A written planwith timeline and price.
Thank you. Your quote request is with our team.
- We reply with a few questions about the work.
- A short call to agree scope, volumes and timings.
- A written plan with timeline and price.
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