How Would You Define Payroll? Also Outline The Routine Steps Part Of

1.	How Would You Define Payroll? Also Outline The Routine Steps Part Of A Basic Payroll Processing Protocol?
Answer» Payroll can be DEFINED as a list with names of all employees of a COMPANY along with their payable WAGE amounts. Payroll processing INCLUDES filling up of W-4 forms by all employees, creating a payroll records system, calculating applicable deductions, determining the SUITABLE payment methods and making deposits. Payroll can be defined as a list with names of all employees of a company along with their payable wage amounts. Payroll processing includes filling up of W-4 forms by all employees, creating a payroll records system, calculating applicable deductions, determining the suitable payment methods and making deposits.

How Would You Define Payroll? Also Outline The Routine Steps Part Of A Basic Payroll Processing Protocol?

Answer»

Payroll can be DEFINED as a list with names of all employees of a COMPANY along with their payable WAGE amounts. Payroll processing INCLUDES filling up of W-4 forms by all employees, creating a payroll records system, calculating applicable deductions, determining the SUITABLE payment methods and making deposits.

Payroll can be defined as a list with names of all employees of a company along with their payable wage amounts. Payroll processing includes filling up of W-4 forms by all employees, creating a payroll records system, calculating applicable deductions, determining the suitable payment methods and making deposits.

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