Page 52 - Essentials of Payroll: Management and Accounting

Summary Cr eating a Payr oll System
The information in this chapter covers only the general process flow of
several types of payroll systems, setting up new employees, and changing
their information in the system over time.Other chapters contain a great

deal of supplementary information. For example, Chapter 2,“Accumu-
lating Time Worked,” describes systems for collecting and summarizing
employee hours in a variety of ways.Chapter 3,“Payroll Procedures and
Controls,” describes a number of payroll processing procedures in detail,
as well as a number of key control points that will reduce the risk of
payroll errors or fraud.
All of these chapters should be read in order to obtain a better under-
standing of the payroll process.

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