Efficiently manage payroll processing and accurately pay employees with ease. Automate payroll, from employee onboarding to tax filings. Eliminate manual errors with accurate calculations at every step. Streamline and simplify payroll processes with automated payroll rules. Leverage comprehensive payroll reporting to gain real-time insights.
Ensure compliance with the latest tax regulations and laws. Enable easy integration with existing systems to ensure seamless payroll processing. Customize payroll rules to accurately pay employees based on their individual entitlements. Enable multiple payment methods to maximize employee satisfaction. Generate accurate payroll reports quickly and easily. Enjoy complete control and visibility over payroll operations with Deskera.
Automate payroll calculations and employee payments.
Easily access employee payment information in one secure, centralized location.
Reduce paperwork and save time with automated payroll processing.
Key Features of Payroll Management
with Deskera ERP.
Deskera Payroll Management
What is payroll management?
Payroll management is the process of managing an organization’s payroll, including the collection, calculation, distribution and filing of employee wages, salary deductions, statutory deductions, and employer contributions. It also involves the tracking of employee attendance, leave and other related information. Payroll management is essential for accurate and timely payments of employee salaries and meeting government reporting requirements.
What are the duties of payroll management?
The primary duties of payroll management include calculating salaries and wages, collecting and filing taxes and deductions, issuing paychecks, maintaining records, and keeping track of attendance and leave information. Additionally, payroll professionals are responsible for preparing and filing payroll tax returns, responding to any employee payroll inquiries, and reconciling payroll information with accounting records.
What are the benefits of using payroll management software?
Payroll management software can help streamline and automate many of the tasks associated with payroll management. It can reduce the time spent on manual calculations and filing, reduce errors, and improve accuracy. Additionally, payroll management software can help ensure compliance with applicable laws and regulations, provide access to real-time data, and enable employers to offer self-service payroll to employees.
What information is required for payroll management?
The information required for payroll management includes employee personal information, such as name, address, Social Security number and date of birth; employment information, such as job title, salary, deductions, and benefits; and attendance and leave information. Additionally, payroll professionals must have access to applicable tax rates, withholding rules, and other government reporting requirements.
What documents are used in payroll management?
Documents used in payroll management include employee timesheets, pay stubs, and other payroll-related forms; payroll tax forms; and employee attendance and leave records. Additionally, payroll professionals must maintain a variety of records, including employee and payroll information, payroll tax rates, and employer contributions.
How often should payroll be processed?
Payroll should generally be processed on a weekly, biweekly, or monthly basis, depending on the employer’s pay frequency. However, some employers may pay employees on a daily or semi-monthly basis, and the frequency should be determined based on the employer’s individual needs and requirements.
What are the common payroll management mistakes?
Common payroll management mistakes include incorrect calculations of salaries and wages, incorrect withholding of taxes, incorrect filing of payroll tax returns, and improper maintenance of employee records. Additionally, failing to comply with applicable laws and regulations, and failing to properly manage employee attendance and leave information, can lead to costly errors.
How can payroll management be improved?
Payroll management can be improved by automating manual tasks, ensuring accurate calculations, improving access to real-time data, and providing self-service payroll options to employees. Additionally, employers should ensure compliance with applicable laws and regulations, and ensure proper maintenance of employee records.
What is the role of HR in payroll management?
HR is responsible for providing payroll professionals with the necessary information and documentation, such as employee timesheets and attendance records, for payroll processing. Additionally, HR is responsible for ensuring employee compliance with applicable laws and regulations, and for providing employees with access to self-service payroll options.