Payroll Specialist Question:
Tell me what all functions are involved in Payroll?
Answer:
Functions involved in Payroll involves,
☛ Balancing and reconciling payroll data
☛ Delivers payroll checks
☛ Depositing and reporting taxes
☛ Wage deductions
☛ Record keeping and verifying the reliability of pay data
☛ Maintains compliance with tax laws
☛ Records paperwork for new hires
☛ Edits existing employee files.
☛ Calculating reimbursements, bonuses, overtime and holiday pay
☛ Balancing and reconciling payroll data
☛ Delivers payroll checks
☛ Depositing and reporting taxes
☛ Wage deductions
☛ Record keeping and verifying the reliability of pay data
☛ Maintains compliance with tax laws
☛ Records paperwork for new hires
☛ Edits existing employee files.
☛ Calculating reimbursements, bonuses, overtime and holiday pay