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Q: Why does a payroll system need security or controls?
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What is payroll systems?

A payroll system is a computerized technique that is used to calculate the sum of salaries employees who need to be paid in an organization. The name, address, Social Security number and the bank account numbers are the key elements in a payroll system. This method saves time.


What are some security issues that business owners need to consider when using online payroll?

Some security issues that business owners should be aware of when using online payroll systems is whether or not a reputable security system is being used. Verisign is one option.


Difference between a manual payroll system and a computerised payroll system?

a manual payroll is a system wherein a company computes payroll manually.It is a state where the human resource or the manager doesn't need any computer while the computerized payroll system is a system wherein a certain company uses a computer or a program for payroll to calculate the payroll easily. Computerized payroll system can help for the accounting department to work easily.


Disadvantages of manual payroll system?

The disadvantages of a manual payroll system would include the need for more time to complete payroll reports and payments. Another disadvantages of a manual payroll system would be to incur the cost of an accountant to assist with the job duties.


What are the advantages of a computerised Payroll System over that of a Manual Payroll System?

Computerized payroll will simplify processing job. No need to spend additional hours on cross validations, report preparation, archiving etc. Please visit http://www.greytip.in/blogfor more details

Related questions

What is payroll systems?

A payroll system is a computerized technique that is used to calculate the sum of salaries employees who need to be paid in an organization. The name, address, Social Security number and the bank account numbers are the key elements in a payroll system. This method saves time.


What are some security issues that business owners need to consider when using online payroll?

Some security issues that business owners should be aware of when using online payroll systems is whether or not a reputable security system is being used. Verisign is one option.


Difference between a manual payroll system and a computerised payroll system?

a manual payroll is a system wherein a company computes payroll manually.It is a state where the human resource or the manager doesn't need any computer while the computerized payroll system is a system wherein a certain company uses a computer or a program for payroll to calculate the payroll easily. Computerized payroll system can help for the accounting department to work easily.


Disadvantages of manual payroll system?

The disadvantages of a manual payroll system would include the need for more time to complete payroll reports and payments. Another disadvantages of a manual payroll system would be to incur the cost of an accountant to assist with the job duties.


What are the advantages of a computerised Payroll System over that of a Manual Payroll System?

Computerized payroll will simplify processing job. No need to spend additional hours on cross validations, report preparation, archiving etc. Please visit http://www.greytip.in/blogfor more details


How can I enter YTD Payroll into 2009 Quickbooks?

According to Intuit's website, you need to change the system date to 2009, then run the payroll setup wizard and follow the instructions.


How do I install an Apartment Security System?

You can contract with a security contractor to get the proper system installed. They will be able to help you get what you need.


How many people in my organization should know how to do payroll in case of emergencies?

The absolute minimum number of employees trained to do payroll is 2. Depending on the size of the organization, more employees may need to be trained on the payroll system. Payroll utomation or using an outside payroll company can reduce the number of employees required or make a payroll department obsolete.


Need feedback on Honeywell wireless security system?

The honeywell wireless security system is one of the best security systems on the market. In fact it is what is used by most companies when installing a new system.


When do you need to learn payroll?

You need to learn the various aspects of payroll when you are part of the wages and salaries department of a company


How do you say why does gym needs a security in correct English phrase?

Your statement is not perfectly clear, but I can make a reasonable guess. Why does the gym need a security system? Or, why does the gym need a security guard?


Does a Mexican need a social security card to work here. What if they are already on the payroll and later you find that the social security does not match?

Yes, immigrants who can legally work here, do need to appy for, and obtain, a social security card. If a person is on your payroll, who you find does not have a social security number that "matches", it may be because the person is in this nation illegally. You should speak to the employee, let them know that their social security card didn't match, and that you are legally bound to contact the appropriate authorities about that - assuming he or she has no explanation. Tell them you must have that explanation by the next day, or you'll have to call. Then...if I'm not mistaken, the problem will resolve itself.