Payroll Process

[stellalauren]

The payroll processes have several practices to generate its full procedure for compensating a particular employee. The main thing is, it should be error free. The items include are depend upon the organization. They create their own policies, but statutory policies should be followed by every company respectively without any change.
• Update employee master file
• Set pay period.
• Enter time worked.
• Enter manual payments.
• Calculate termination pay
• Alter deductions
• Calculate pay
• Review reports
• Issue payments
• Issue management reports (optional)
• Back up data
• Lock down the period.
• Deposit taxes
• Store timecards
• Investigate errors

Listed is a kind of process for payroll in a procedural way.

 

[accountconsult]

This is very user friendly Software and keep all account data.

 

[mahesh.kamble.967]

a nice share indid...................................................