Payroll & Accounting/Bookkeeping

Payroll in Uruguay basically implies the following tasks:

  • Inform the Social Security Institution, Ministry of Labor and Social Security Office and Insurance National Bank the beginning of the activity of new workers and withdrawals.
  • Liquidation of remunerations and all benefits that may correspond to workers in compliance with Uruguayan Salary Councils.
  • Preparation of documentation to be sent to the banks for the crediting of the salaries.
  • Issuance of electronic receipts of the personnel.
  • Issuance of salary accounting entries.
  • Monthly calculation of Social Security Contributions and Personal Income Tax.
  • Updating the Labor Schedule and Labor Book.
  • Updating Public Office certificates. 

Accounting/Bookkeeping

Local companies must keep the accounting records updated in order to issue financial and accounting information according to accounting standards in Uruguay.


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