hi am doing a projct on payroll mgnt systm wanted to knw hw it is effective for da employees...? wht sought of questions shud b suggested for da survey purpose?? pl hlp me in dis regard..
From India, Kolkata
hy The topic you have chosen is rare topic done by the students it''s a tuff one but, as you do it you will get to know new things as well as an interesting topic as well.
From India, Hyderabad
Check out this may help you out! all the best!
From India, Hyderabad

Attached Files
File Type: pdf Payroll Management System .pdf (541.1 KB, 947 views)

1. Gather the necessary timesheets and hours to pay each employee. Calculate
hourly/salary pay, vacation, personal and sick time, plus benefits
deductions (401k, health, dental, cafeteria plans and garnishments). Process
new hires, terminations and any tax adjustments.

2. Compare what was submitted to you against what you entered before
performing the check run. Once a check run is completed and the payroll is
closed, the only way to correct an error is to void the check and issue
another. This is why double-checking and even triple-checking is so
important in payroll processing.

3. Generate the necessary payroll reports and compare what is printed on
each check against the reports. These reports contain a detailed listing of
what you entered before the check run was completed. This allows you to
catch any mistakes that may have occurred during the payroll processing,
before the employee receives his paycheck.

4. Ensure correct quarterly reports by reconciling the results of each
payroll. Immediately after printing and double-checking the paychecks,
ensure that the appropriate federal and state taxes were deducted and
balances with the necessary reports. At year-end, the employee's gross
wages, benefits deductions and taxes should coincide with each pay period's
report.

5. Close the payroll. Any issues resulting from a specific payroll
run--after it's been closed and after the employee receives her check--is
addressed upon notice. At that time, you can make the necessary adjustments.
Depending on the severity of the error, you can correct the error
immediately or on the next payroll run.

From India, Hyderabad
Thanx thanx a lot Hope it will help me a lot If any other information i required further i’l defintly ask u. with regards niniva
From India, Kolkata
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