Remove articles advanced-timekeeping-systems
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Payroll clerk job description

Accounting Tools

Related Courses Optimal Accounting for Payroll Payroll Management The payroll clerk position is accountable for collecting timekeeping information, incorporating a variety of deductions into a periodic payroll , and issuing pay and pay-related information to employees. Associates degree in business preferred. Must be detail oriented.

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How to calculate payroll

Accounting Tools

This information may be located in an on-line timekeeping system. Otherwise, it may already be in the system. Enter Wage Rate Changes Enter all authorized changes into the payroll system for wage rate alterations, withholdings, and deductions. Collect Timesheets Obtain timesheets from all employees.

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Payroll procedure

Accounting Tools

Enter Time Worked Enter the amount of regular and overtime hours worked by each employee in the payroll system. If the company uses computerized time clocks to assemble its timekeeping information, then the information may be ported directly into the payroll software. If in-house software is being used, archive the data.

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Pros and cons of outsourcing payroll

Accounting Tools

Expert Staff Suppliers have a core group of highly-trained staff who not only know their systems and payroll regulations quite well, but who also provide training to clients, as well as advice over the phone. These suppliers can link pension deductions in the payroll system to their plans, so no separate pension remittances are required.

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Can payroll cards replace direct deposit?

Accounting Tools

Related Articles Advanced Timekeeping Systems Converting Employees to a New Pay Period How to Calculate Payroll Pros and Cons of Outsourcing Payroll The Common Paymaster Rule The Difference Between Semimonthly and Biweekly Payroll