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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 Earnings Overview

Earnings Overview

Earnings identify different types of employee compensation for services provided. Earnings can also include specific parameters such as accounting rules, tax laws, and reporting requirements.

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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.

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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.

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Play video Garnishments

Garnishments

An involuntary garnishment, sometimes called a wage attachment, is a legal process in which an amount is collected directly from an employee’s wages to satisfy an unpaid debt.

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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.

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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.

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