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Showing posts with the label Payroll

HRMS Payroll

Payroll Introduction Processing payroll is a very typical and fundamental business requirement across enterprises. If we have human resource, we will have to pay them. This sounds pretty simple. When we have 10 odd employees working in our firm, and we write checks for them; this can be done with the help of a spreadsheet and it won’t take a lot of time or resource to get something of this sort to be done. But let's think about a big enterprise. Processing payroll for a big enterprise is a gigantic task to do. It takes a lot of preparation just for the payroll processing and again a lot of post execution steps to make sure all the data are accurate and stored for further usage. Do we simply write checks? What exactly do we do in the entire payroll process? We do a lot of stuff, like calculating an employee's salary, calculating the amount to be paid per pay period. Determining how to pay, by check or by direct deposit into a bank? ...