Payroll Calculation Process Flow
Payroll calculation involves following a process to ensure employees are paid precisely and punctually. This process flow outlines specific aspects of the payroll calculation process and provides information related to calculating payroll for both hourly and salaried employees. This document outlines steps in the payroll calculation process such as: Tracking salary and hourly employee hours Investigating any time sheet variances Importing employee hours and exceptions into paysheet database Reviewing payroll reports Processing tax reports This document should be used as a general guide to understand and review this business process. Organizations should customize this tool to ensure that it reflects their business operations and continuously monitor the process to ensure that the steps described are accurate.