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.