What does payroll administration involve?
Payroll administration is the process of calculating employee pay, preparing payslips, recording deductions and keeping the information needed for payroll-related submissions and reports.
Why accurate payroll matters
Accurate payroll helps employees receive the correct information, gives the business reliable employment records and reduces the risk of problems caused by missing or inconsistent payroll data.
Payroll records a business should organise
Businesses should keep employee information, employment agreements, salary details, payslips, leave records, deductions, payment records and relevant payroll correspondence.
A practical monthly payroll process
A consistent monthly process includes reviewing employee changes, confirming salary information, calculating pay, checking deductions, preparing payslips and storing final payroll records.
PAYE and UIF administration
Businesses with employees may have payroll-related responsibilities such as PAYE and UIF administration. The exact obligations depend on the business and its employees.
When should you get payroll help?
Professional payroll support may be useful when you employ your first staff members, payroll is taking too much time, records are inconsistent or you need help understanding payroll-related submissions.