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What is Payroll?

2:26

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Payroll is the cyclical process in which pay for employees is calculated, distributed, and reported.

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In Payroll and Tax

Play video Pay Statement Basics

Pay Statement Basics

The pay statement, also known as a pay stub, includes the details of the employee’s pay for that pay period. Pay statement details help employees understand their pay and check for inaccuracies.

1:47
Play video Deductions Overview

Deductions Overview

A deduction is a monetary amount subtracted from an employee’s taxable income that reduces the amount paid on a pay statement.

3:11
Play video Pay Periods Profile

Pay Periods Profile

The Pay Periods Profile defines the frequency for paying employees and drives the pay dates for payroll.

2:12
Play video General Ledger

General Ledger

A general ledger is a journal containing accounting transactions related to a company’s assets, liabilities, equity, revenue, and expenses.

2:33
Play video Payroll Adjustments

Payroll Adjustments

Identifying the scenarios that require a payroll adjustment is an important part of payroll processing. Common scenarios include payments issued in error or payments not received, or payments received but a correction is needed.

1:39
Play video Tax Reporting (United States)

Tax Reporting (United States)

After the proper amount of taxes are withheld for the employee and employer, it needs to be paid to the proper agencies. Federal income and insurance tax payments must be paid electronically through the electronic federal tax payment system.

1:24

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