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Payroll Management

by Jocelyn Fernandez in Services

My Own Virtual Assistant is a provider that runs payroll management.

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Implementation of payroll management is the best benefit. Payroll management is critical to all functioning organizations.

Payroll management system gives you the power to:

  • manage employees’ information efficiently.
  • generate pay-slip at the convenience of a mouse click.
  • generate and manage the payroll process according to the salary structure assigned to the employee.

The function of Payroll Management are:

  • Calculating of withholdings
  • Deductions
  • Generating Tax Form and reports
  • Processing of direct deposit
  • Voiding Payments

Some companies choose to outsource the payroll process. It is the process of dealing the financial aspects of employee’s salary ,deduction, allowances, net pay, gross pay and or more. Different nature of business can experience the fear of severe financial penalties due to wrong information.

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