Payroll is a list of employees who are working in an organisation. It refers to a series of accounting transactions involved in the process of paying employees for the services rendered after taking all the statutory and non-statutory deductions into account. It involves payment of payroll taxes, insurance premiums, employee benefits and other deductions too.

There are various places where organizations can make Payroll mistakes. This happens faster than we think like not paid accurately or being delayed in Paying. These mistakes will ultimately affect the entire employee morale which in turn affects the business.

To avoid such mistakes the business entity should have an effective and efficient payroll process that ensures employees are paid accurately and consistently and gives the business owners a chance to focus on other aspects of their job.