PAYROLL

IN any organization it is vital that the payroll process is done in an efficient way since it must handle all accrued and deductions of employees, Payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time on the payroll must handle a number of steps One of these steps, which are executed at the end of each pay period, is the preparation of payroll, must show the names and salaries of all employees and their deductions. The information contained in the payroll record is authorized for each employee and the number of hours worked, borrowed from the time cards or similar documents salary. After separating normal hours (structural) of the extraordinary (non-structural), and apply the appropriate rates for each labor category has the total salary earned. The withholding tax, the social security contributions and any other deductions authorized by the employee then the accrual recorded for the difference between the total accrued and total net worth held. Should be an efficient tool to help us to the execution of this process, either a database Auto formulated we reduces steps and is easier to determine the salary of each employee of the organization.