Dictionary
a list of employees and their salaries "the company had a long payroll" the total amount of money paid in wages "the company had a large payroll" the department that determines the amounts of wage or salary due to each employee
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Wikipedia
Payroll is one of a series of accounting transactions dealing with the process of paying employees for services rendered, after processing of the various requirements for withholding of money from the employee for payment of payroll taxes, insurance premiums, employee benefits, garnishments and other deductions.Payroll involves the calculation of amounts due the employee, such as hourly wages, a salary consisting of a certain amount per calendar period, or pay to salespersons on commission, as well as reimbursement for employee-paid expenses such as travel (calculated either based on actual amount paid by the employee or utilizing a per diem rate).In addition to these payments, there are often computed amounts of paid vacation time and accrued sick leave which have been used or are available for use. These are simply carried as bookkeeping entries as available or used and accumulate until the employee actually uses them. If an employee collects vacation pay or sick leave, these amounts are then added to the amount due the employee to be paid. All of these monies credited to the employee are usually referred to as gross pay.From these amounts that are credited to the employee, various debits are taken as withholding, the most significant being income tax, then other taxes such as social security and Medicare (United States)Medicare (in the United States; other countries have similar programs for the collection of government-mandated retirement benefit supplement systems). There may also be additional deductions for supplemental health insurance, trade unionunion dues, pension plan contributions, garnishment for nonpayment of debts, repayment of prior salary, vacation or sick leave overpayments made in error, undercollection of insurance, and other deductions. The amount left after deductions from gross pay is generally the amount given in the employee's pay envelope, either as cash or a check. This amount is known as net pay. If the employee has their net pay deposited to their bank account (through a process known as direct deposit) then the employee may simply receive a pay stub indicating this.In addition to amounts collected from the employee, frequently the employer is required to also pay additional monies of their own such as government taxes such as employer matching contribution to Social Security, and employer-paid systems such as unemployment insurance; employer matching for pension plans such as 401(k); employer portion (or all) of employee health insurance, and additional expenses.Organizations which have very few employees may perform payroll by hand. Business organizations which have become too large to perform such tasks by hand (or small ones that prefer not to do them by hand) will generally use an accounts software, or an integrated module from a Human Resource Management SystemsHuman Resource Management System on a computer to perform this task, or may pay a service bureau to perform the process of payroll calculation and writing of payroll checks. Due to government mandated (and often severe) penalties for improper or inadequate collection of payroll taxes and paying of wages, almost all employers (other than very tiny ones having perhaps one or very few employees) either use a payroll computer program or a service bureau.Other types of accounting financial transactiontransactions include accounts payable, accounts receivable, and trial !balance.Category:Accounting
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Websites
Changes Training Centre
Changes Training Centre (CTC) is a private post-secondary educational institution fully registered and accredited by the Private Career Training Institutions Association of British Columbia (PCTIA). Featuring Diploma programs in General Insurance, Accounting and Payroll, Management, Administration, and more. Certifications include PMCP, Real Estate, and CFP. Contact us at 604-852-1233, (toll free 1-877-852-1233) email info@changestraining.com or go to www.changestraining.com for more information.
http://www.changestraining.com/
Unitime Systems Time and Attendance
Unitime Systems provides time and attendance solutions for small to enterprise organizations in every industry. Designed to automate even the most complex pay rules, our solutions improve workforce management, organizational efficiencies, and profitability.
http://www.unitime.com/
HRMS: A Practical Approach
2000 Book A Practical Approach is based on advancements in the professional literature, together with the authors' combined first-hand experience in developing, implementing, and using numerous human resources management systems in private and public sector organizations. The perspectives of payroll, human resources, operations, human resources information specialists, and management systems specialists are all addressed, as are the different issues facing small, medium, and large organizations.
http://www.hrmsbook.com/
Joesoftware's eTeam Penny and Spencer enhancing Microsoft Dynamics Great Plains
Joesoftware provides eTimesheets, employee/manager self-service, eExpense reporting and many more add-ons for Microsoft Dynamics Great Plains and Canadian Payroll
http://www.joesoftware.com/
Phenix Management International
Phenix Management International is a Toronto-based management consulting company specializing in facilitating the effective management of human resource information. We assist you in the evaluation, selection, and implementation of effective solutions to support your business functions. Our professional assistance can assist you in the making the right vendor choice for your specific needs and reduce your overall project costs as well as shorten the timeline for a successful implementation.
http://www.pmihrm.com
www.skyward.com
Skyward, Inc. based in Stevens Point, Wisconsin, has provided public and private K-12 schools with powerful Student, Budgetary and Human Resources Administrative software solutions. Skyward's PaC and PaC+ School Management Systems(tm) are used by over 1050 school districts throughout the United States and the world.
http://www.skyward.com/
Padgett Business Services
Padgett Business Services is considered to be the small business expert and has been for almost 40 years. We offer a unique combination of business and information services to help our clients succeed. Our clients turn to us to keep their accounting in order, stay current with tax planning, take care of the hassles surrounding payroll and advise them on other business and personal matters. By keeping our clients' financial records current, we are able to advise them about their businesses when it counts. Of course, we offer an array of other small business services. From startup, to expansion, to wherever your business is going, our comprehensive services will help you get there. What drives us? Playing a role in your success and supporting your entrepreneurial spirit!
http://www.smallbizpros.com/
Armstrong Payroll Solutions
APS delivers both bureau and fully managed payroll services to employers with a British Isles workforce of any size - from 1 to 10000+. Our services encompass the Channel Islands, Isle of Man and the Republic of Ireland, as well as operating niche areas, such as CIS, NHS, schools/colleges and recruitment agency payrolls. Contact us for more information
http://www.armstrongpayrollsolutions.co.uk/
HRinfodesk.com---Canadian Payroll and Employment Law News
HRinfodesk.com helps you to efficiently find both Canadian federal and provincial employment legislation including employment standards, occupational health and safety, payroll and benefits as well as sample personnel policies, articles, government forms, tools, training and much more. HRinfodesk.com is constantly being updated and is divided into several areas that include a Library of Articles, FAQs, a Calendar of Events and Important Dates and an Internet Directory to HR related websites for expanded research.
http://www.hrinfodesk.com/
WorldSharp Technologies, Inc.
WorldSharp Technologies, Inc. is proud to provide a large selection of Financial and Banking software systems. Although many of these systems were primarily designed for banks, the systems may also be used by credit unions, transfer agents, corporations and municipalities. The systems have features such as ACH (NACHA) capability, 1099 and W-2 preparation and magnetic reporting, general ledger export and user forms design. The BankSharp systems include bank specific products such as Safe Deposit Billing and Repurchase Agreements. WorldSharp systems, designed to be used by any company, include Accounts Payable, Check Reconciliation, Payroll, ACH Item Preparation and 1099 Preparation. Our flagship product WorldSharp Bond/Stockholder Accounting which has traditionally been used by Trust Departments in Banks, is growing in popularity as the product of choice by private corporations to handle dividend payments and stock transfers in house.
http://www.worldsharp.com/
Caring for vulnerable children.
Our Mission: To work with the local communities to develop cost-effective ‘on the ground’ solutions to the problems facing the world’s most vulnerable children - delivered in a practical way, sensitive to local cultures and with minimal administration costs.
http://www.worldmedicalfund.org/
American Payroll Association
Provides resources for education and support of individuals and firms practicing payroll in the US and selected foreign countries.
http://www.americanpayroll.org/
Payroll-Taxes.com
Features a handy payroll utility, NetPay Plus, designed to make life as a payroll practitioner a lot easier. Has information regarding federal and state payroll taxes and taxing authorities.
http://www.payroll-taxes.com/
CBS Payroll
Provider of nationwide payroll processing services.
http://www.cbspayroll.com
Payroll 1, Inc.
Provider of comprehensive payroll and payroll tax filing services.
http://www.payroll1.com/
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