Payslip Checklist

Checklist for Payslips After creating your employees’ salary slips using the simple Salary Slip Format, you need to make sure nothing has been forgotten. In order to avoid making mistakes, you should follow a payslip checklist. This will ensure no information has been missed out and save everyone time and stress. Download our free payroll checklist template below to ensure everything is covered. Make sure your leave is accrued Despite not being a legal requirement, some companies include employee leave accrual on their payslips. Checking employee leave accrual is a common mistake. If you’re going to do so, be sure […]

The Best Way to Manage Payroll

When it comes to growing your business, employees are one of the most valuable assets. You need them to interact with your customers, execute daily tasks, and bring in new customers. It’s important that your employees are compensated for their hard work and time because they do so much for you and your business. It’s easy to believe that payroll is simply cutting checks and making sure your employees are paid on time. You’ll soon realize that payroll is far more complicated than it appears once you take on the responsibility of processing payroll. It is for this reason that […]

How Payroll Processing Works & Its Three Stages

During payroll processing, necessary taxes and deductions are adjusted in order to arrive at the employees’ net pay. It is imperative that the payroll administrator plans out the payroll process step-by-step in order to ensure that the process is efficient. The payroll process is a complex one that encompasses much more than just salary calculations. This handy guide is designed to guide you through the intricacies of payroll processing.  How does Payroll Processing work? The payroll process consists of adjusting taxes and deductions to arrive at the ‘net pay’ of the employees. Creating a step-by-step payroll management process is essential […]