Remuneration and fees

The Elvada Accounting Company employs a team of specialists in the field of labour and social security legislation.

We can be your partner by offering an outsourcing service for the administration of your employees and the preparation of all documents concerning employment and non-standard employment relations, as well as monthly calculation of remuneration and preparation of payroll. The Elvada Accounting Company offers a service for the digital registration and accounting of paid leave and holidays as well as digital employment records.

For us, the digitalization of the processes and the possibility for their online management and administration is a top priority. This provides many opportunities for businesses.

„For two years of working together, we have been convinced of the professionalism, correctness and integrity of the Elvada Accounting Company in execution of the commitments that it has undertaken. We would like to express our exceptional satisfaction with their swift, efficient, and professional communication and services. The Elvada Accounting Company is our primary partner on the path to optimisation and transformation through the innovative digital solutions that they provide in the field of labour and employment relations management. We also highly appreciate the fact that the Elvada Accounting Company follows closely all changes and developments related to the labour legislation and provides us with expert and professional advice and consultations on labour related legal issues.

Being convinced of the expertise, professionalism and high quality of the services provided by the Elvada Accounting Company in the field of labour and payroll activities, highly appreciating the opportunities for implementation of their digital solutions, as well as based on the proven relationship of correctness and loyalty during our partnership, we highly recommend the Elvada Accounting Company as a reliable partner in the field of labour and payroll services.“

Dimitar Nikolov

Manager

Frequently asked questions

Can I transfer to digital reporting and accounting of the paid leave and holidays and what are the advantages?
How to switch to digital accounting and reporting of the paid leave?
What are the advantages of the digital employment record?
Is the the risk of human error reduced with the automation of the processes of employee management and administration?

Can I transfer to digital reporting and accounting of the paid leave and holidays and what are the advantages?

The digital accounting and reporting of paid leave is a great convenience both for managers and employees. The primary advantages are the ability to manage all leave submission, approval and reporting processes online. No matter where line managers and other supervisors that need to approve the paid leave are located, they can do so through the web-based application.

How to switch to digital accounting and reporting of the paid leave?

In order to transition to a digital leave accounting system, a comprehensive audit of all leave documents that pertain to reporting of leave and holidays is performed and adjustments are made to the system. Profiles of all employees are created, levels and job titles are assigned, and those who should approve the leave are defined and assigned. There are well-defined written procedures for the setup of the settings.

What are the advantages of the digital employment record?

At a time when anyone can work from anywhere and add value to the companies, a digital emploment record is increasingly more necessary. This gives the companies the opportunity and possibility to be flexible in hiring people, managing and administering employee-related processes, irrispective of who works from where and how.

The digital records significantly improve the organisation of labour and the storage and archiving of information, leading to an increased efficiency and reduced administrative costs.

With the help of an digital emploment record, employees and employers can have access to their data anywhere, anytime, as long as they have an internet connection.

Is the the risk of human error reduced with the automation of the processes of employee management and administration?

The automation of the processes conected to data collection and processing reduces the problems associated with human error. The employers can easily track the status of employees as well as get timely, up-to-date information about each individual workplace and position.

The digital emploment record allows for faster storage and processing of employment information, which significantly reduces the time spent searching for and updating documents.

The advantages of digitalization and automation of the processes of labour relations management in companies are undeniable.

We can offer you also

Digital Accounting

Since 2000, The Elvada Accounting Company offers a fully digitized accounting, working only with digital documents, without paper. We organize and optimize accounting processes. We structure and manage accounting teams so they can improve the way they work and thus have their efficiency increased.

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Digital Accounting +

The Elvada Accounting Company has experience in Management reporting, intercompany reporting, preparation of various reports and statements on the financial condition of companies, as well as management reports for large groups of companies, tailored to the needs of information and consolidation.