Payroll Accounting

Payroll accounting in Russia is an integral part of the accounting and tax system. It includes the generation of various extensive documents about personnel administration such as monthly overviews of working hours and diverse internal adjustments (so-called "prikase").

Even in standard cases the complexity of the Russian payroll accounting astonishes most Western investors. For example, when taking a vacation, an employee does not receive his regular salary but the average salary of the previous 12 months. While the regular salary is reduced by unaccomplished working days, the salary during vacation is based on calendar days, which leads to even more complexity and non-transparent calculations.

Please review our accounting services for further information.