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Many small businesses choose a manual payroll system over a computerized one. Four advantages to this are it is less costly to set up, there is less training involved, no danger of losing data in a computer crash, and it is more personal to the employees.

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Payroll records must be kept for what period of time?

Payroll records must generally be kept for at least three years, according to the Fair Labor Standards Act (FLSA). However, certain records, such as those related to employee tax withholdings, should be retained for at least four years after the employee's tax is due or paid. It's essential to check specific state laws and regulations, as they may have different requirements for record retention.


How do you access your last four pay stubs from Tyson foods in noel mo?

To access your last four pay stubs from Tyson Foods in Noel, MO, you can log into the Tyson employee portal using your employee credentials. Once logged in, navigate to the payroll section, where you can view and download your pay stubs. If you encounter any issues, consider reaching out to your HR department for assistance or guidance on accessing your pay information.


A company pays its employees 4000 each Friday which amounts to 800 per day for the five-day workweek that begins on Monday. If the monthly accounting period ends on Thursday and the employees worked t?

If the monthly accounting period ends on Thursday, the employees will have worked four days (Monday through Thursday) during that period. At a rate of $800 per day, the total payroll expense for that period would be 4 days x $800, which equals $3,200. Therefore, the company should record a payroll expense of $3,200 for the month ending on Thursday.


Advantages of a sales day book?

day book has great imporatance in business because we are saving the records int it. there are four kinds of day books >sale day book >purchase day book >sales return day book >purchase return day book


What are four cost factors that affected the efficiency of a records management system?

Four cost factors that can affect the efficiency of a records management system include storage costs, which encompass physical or digital space for records; personnel costs, related to staff training and management; technology costs, including software and hardware investments; and compliance costs, which involve ensuring adherence to regulations and legal requirements. Additionally, the integration of the system with existing processes can also impact overall efficiency and expenses. Balancing these factors is crucial for optimizing records management operations.

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