Payroll Processing Overview

The Payroll Management system in Advantage HRM provides comprehensive time and attendance functionality. It supports unlimited user-defined pay, leave, deduction, and reimbursable expenditure categories. The system executes sophisticated payroll processing, which is controlled through user-defined table entries. Payroll Management also provides the following:

• Automated leave accrual and accounting

• Automated FLSA premium pay calculations

• Optional approval of payments

• Distribution of checks and deposit advices associated with the Electronic Funds Transfer (EFT) of net pay

• Online payroll adjustments

• Detailed and summary payroll history

• Integrated, automatic check cancellation and bank reconciliation

• Comprehensive cost accounting capabilities

• Numerous standard and ad hoc management reports and online inquires

The Payroll Processing aspect of Advantage HRM is detailed in this guide. This includes timesheets and adjustments, and how Advantage HRM calculates pay, processing pay, contract management, labor distribution, bank reconciliation, payroll registers, cancelling and replacing checks, and viewing pay details. Refer to the "How Advantage HRM Calculates Pay" topic for information on how Advantage HRM calculates pay.