Hi All, What is Payroll? Kindly give me the detail . In which website can have these details? Kindly list out that websites.
From India, Madras
From India, Madras
Payroll is advised to be viewed In respect of an employer and NOT individual employee. It is the disbursement of Company funds to it's employees and the management, withholding taxes, PF, retirement plans...In otherwords, it is total earnings earned in a year by all workers employed by an employer engaged in an industry.
Managing a firm's payroll can become quite complicated due to the diverse types of employees a company may employ; full-time, part-time, salaried exempt, salaried non-exempt, contractor, etc and due to global locations. Thus the evolution of ERP systems like SAP, Peoplesoft where the payroll is generated as per the schedule pay cycle and funds are transferred automatically to the debit accounts(/pay checks) of employees.
Managing a firm's payroll can become quite complicated due to the diverse types of employees a company may employ; full-time, part-time, salaried exempt, salaried non-exempt, contractor, etc and due to global locations. Thus the evolution of ERP systems like SAP, Peoplesoft where the payroll is generated as per the schedule pay cycle and funds are transferred automatically to the debit accounts(/pay checks) of employees.
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