Payroll Process Analysis

Process the payroll ahead of time. Devise a payroll-processing schedule that allows you ample time to process the payroll and to correct detected errors before employees receive their paychecks. For example, perform payroll processing two or three days before the actual pay date.

Make changes to the employee's payroll record, if applicable. This includes: address changes; payroll deduction changes, such as W-4 and state income tax form changes; and voluntary deduction changes, such as retirement and health benefits. Furthermore, enter new hire information for employees hired in the current pay period.

Compute timekeeping data from time cards or time sheets and enter the hours to be paid into the system, such as regular, overtime and vacation