Question

1; What is the beginning and the end of the payroll process?

2; Does the automated payroll system eliminate human involvement in the process?

Answer 1

1) Answer: The payroll process includes calculation of the salary and wages of permanent as well as temporary employees of a company. The computation considers an employee’s attendance, tax rules, bonus, overtime, and other information to generate the pay slip of that employee. Beginning the process of payroll in any organisation starts with collection of the proper documentation from it’s employees. The human-resources department will forward a copy of the accepted-offer letter or an internal form complete with the proper paperwork to the payroll department. Once this process is verified as finished, recording of employee information can start and computations for the payroll period can begin. It ends with printing and distribution the reports which are needed by the human resources

2) Answer: Automated payroll systems will usually compute payroll taxes, exemptions and withholdings based on settings that are pre-programmed. It can save employers valuable money and time, while potentially improving capabilities of record keeping and accuracy. It always require an initial training for human employment who will maintain the payroll system. Furthermore, there is always a danger of computer fraud if appropriate level of control and security whether internal and external are not properly been instituted, thus we can conclude that the automated payroll system does not eliminate involvement of human in the process