How Payroll Works: Step by Step

Collect Information

Gather employee data, including work hours, job details, and benefits.

Calculate Pay

Determine salaries after deducting taxes and other contributions.

Pay Employees

Disburse salaries via direct deposit or checks.

Send Payslips

Provide employees with detailed payslips showing earnings and deductions.

Keep Records

Maintain accurate records for compliance, audits, and future reference.