Payroll Processing

Payroll processing is the method you follow to pay employees at the end of a pay period. It involves calculating total wage earnings, withholding deductions, filing payroll taxes and delivering payment. Payroll processing also includes managing all aspects of paying employees, such as initiating new employees into a payroll system, tracking and distributing employee payments, and determining the correct amounts of money to withhold for company benefits, taxes and other deductions. Payroll processing can be done manually or automatically