answersLogoWhite

0

Payroll is the process by which employers pay their employees for the work they have completed. It involves calculating employees' wages, withholding taxes and other deductions, and issuing payments. Payroll also includes keeping track of hours worked, overtime, and any benefits or bonuses owed to employees.

User Avatar

ProfBot

1y ago

What else can I help you with?

Related Questions

What is payroll signature?

A payroll signature is the authorized signature for payroll checks.


Paperless Payroll?

form_title=Paperless Payroll form_header=Go green with paperless payroll! Have you ever used a paperless payroll system before?= () Yes () No How many people are on your payroll?=_ Approximately how much is your payroll costs per week?=_ What is the payroll schedule?=_


Name of the occupation that does payroll?

There are many job functions in payroll. In a small company, the owner's wife may be the office manager which includes calculating and writing payroll checks and paying taxes. In a larger company, there may be a payroll clerk who reports to an accountant, or a payroll department with a Payroll Director, a Payroll Manager, many payroll supervisors, payroll specialists and payroll clerks. Each has different job functions. The payroll process can be housed in Accounting or in Human Resources.


How do you figure out weekly payroll?

how do you figure out weekly payroll I am not interested in payroll services.


What is the journal entry for accrued payroll?

debit to payroll expense credit to accured payroll


What is March payroll if annual payroll is 402495?

To calculate March payroll from an annual payroll of $402,495, divide the annual amount by 12 months. This gives a monthly payroll of approximately $33,707.92. Therefore, March payroll would be about $33,707.92.


What is the payroll bureau?

The payroll bureau is a bureau that is tasked with processing the payroll of various companies.


What are the legal consequences of forging a W-2?

Forging a W-2 form is illegal and can result in serious consequences, such as criminal charges, fines, and imprisonment. It is considered fraud and can lead to penalties from both the IRS and legal system. It is important to always provide accurate and truthful information on tax documents.


Apple inc. payroll?

Yes, they have a payroll


Can you do payroll with Quicken?

Yes, you can do payroll with Quicken.


How do you create payroll in sap?

payroll infremation


What are the positive and negative of the payroll function and payroll processing?

The payroll function and the payroll processing are performed by the payroll department in a company. They must ensure that people get paid accurately and in time, which would be the positive aspect. The negative aspect concerns the effect payroll has on the income of the company.

Trending Questions
How much tax you pay if you earn 1500 for a month? What is a liability created when a company receives cash for services to be provided in the future? How long does it take to clear an EFT? Why are you interested in applying for an audit position? The most significant current source of generally accepted accounting? Do public sectors use activity based costing? In all journal entries the debit amount must equal the credit amount? How do you record a journal entry for cash receipts? What are some providers that offer payroll services in the United States? Is non-controlling interest an asset or liability? What Precautions tare there to ensure the security of data within a computerised accounting system? How do you issue a credit note after receiving a RMA? Which out of the three credit agency is best to get your report from Trans Union Equifax or Experian or does it really matter? How do you get a refund from a money gram money order when you made out to someone and they sent it back to you? What is the correct sequence of reporting cash flows? When a charge off has been removed from your credit report because 7 years has passed is the creditor still able to sue for the balance due? What is the Canadian International Development Agencies role in the setting of ISO 26000 standards? Is bad debt reported on the income statement as a contra revenue account? When must employees report the tips they receive to the government tax authorities? What does the acronym UA in a trust account mean?