Payroll, at its most basic, is the process by which an employer pays an employee for work done. A company must make sure that the proper taxes are withheld from each paycheck and that those capitals are paid to the right government tax revenue collection agency at the right time.

A payroll system covers everything that has to do with the salary of employees and the filing of employment taxes and provident funds. This contains keeping track of working hours, calculating wages, taxes and other deductions, printing and delivering checks and paying employment taxes to the government tax revenue collection agency.

Payroll software offers different advantages like Creating printing Payslips, Employee calendars, Cost-Effective, Tax updates, Reminders, Save Time, Added Security, Avoid Making Mistakes, No Need for Expertise, Customer Services etc.


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