June 19, 2019 / by admin

Actual Cost of the In-house Administration Team

(Accounting, Tax and Payroll)

The In-house administration team is actually 4 more expensive and gives less productivity

Accounting Staff
IDR 4 Mio/Month
Take home pay


  • Standard salary for Accounting Staff
  • Understand financial accounting concepts
  • Understand the concept of cost accounting
  • Able to make financial reports
  • Able to analyze financial transaction

*) IDR 48,000,000 per year

Tax Staff
IDR 4 Mio/Month
Take home pay


  • Standard salary for Tax Staff
  • Understand about tax regulations
  • Learn new rules well
  • Make tax report accurately and on time

*) IDR 48,000,000 per year

Accounting Staff
IDR 16 Mio/Month
Take home pay


  • Standard Salary for Accounting Manager
  • Having expertise in accounting and tax staff
  • Having expertise to prepare a budget
  • Understand the financial and tax report audit process

*) IDR 192,000,000 per year

Yearly Bonus

Icon 1

IDR24-28 Mio/year

*) IDR 24 Mio (IDR 4 Mio + IDR 4 Mio + IDR 16 Mio)

Transport

Asset 7 (2)

IDR 18 Mio/year

*) Calculated for 3 people using the estimated average from using public transportation to online taxi

Reiligious Holiday Allowance

Asset 8 (2)

IDR 10 Mio/year

*) Calculated for 3 people use standard health insurance for companies with 18-20 employees

Health Insurance

Asset 9 (2)

IDR 10 Mio/year

*) Calculated for 3 people use standard health insurance for companies with 18-20 employees

BPJS

Asset 10 (2)

IDR 37 Mio/year

*) Calculated for 3 people

Accounting Software (Xero)
IDR 5 Mio/year (Before Discount)

*) Free: Single currency and Xero is maintained by Logiframe, client receives the monthly report.

IDR 10 Mio Training Cost

The average tax training fee per person is IDR 2.000.000/day. If a year follows 5 training days, the additional training costs IDR 10.000.000.

Time to Learn The New Rules

Time to learn the new tax regulations
VS
Time for business development

Asset 9

Time of Recruitment

Time for recruitment
VS
Time for business development

Asset 8

IDR 24-28 Mio/year
Cost of Overhead Employees & IT

Overheads are estimated per employee IDR 3.000.000 to IDR 4.500.000/year
Office supplies: office space rental, equipment (printer, AC, refrigrator, coffee machine), office vehicles, elictricity, water, information technologies (computer, server, software).

*) Estimation based on the average annual price of office rent, monthly utilities costs (elictricity and water), buying equipments and supplies. This estimate is based on 18-20 employees.

Outsourced Logiframe Department of Accounting and Finance

  • Accounting Staff, Tax Staff, and Manager
  • Xero Software

Starting from price:
IDR 40-95 Mio/year
*) Billed monthly on a monthly basis

VS

Actual cost at least 3 members of The In-house Administration Team: IDR 370

  • Take home pay
  • Transportation
  • THR
  • Health Insurance
  • BPJS for Accounting Staff, Tax Staff and Manager
  • Xero Software

Stop building Internal Administration Team! Begin now focus on business growth

Logiframe Outsourcing Solutions

Accountant Team proficied and qualified

Asset 13

Back-office system with reliable security

Detailed setup & on-boarding

Financial statements that suit your needs

Management Accounting

Training

Financial Business Intelligence