What is a Payroll system?
In any accounting firm,Payroll refers to the list of its employees and the money paid to them. In a more generic and expanded way, it can be summed up as:
- The total amount of money paid to its employees.
- Records of a company’s employees, their salaries, bonuses and with held taxes.
- Department of the company that calculates and pays these.
Need for a Payroll System in an Accounting Company
Payroll system plays a major role in accounting companies in Dubai, or any for that matter, for …