Payroll is the weekly, biweekly, or monthly process of calculating each employee's earnings and deductions and paying them what is owed. Deductions may include taxes, medical aid, pension funds, or more, depending on the agreement between the employer and employee.
Although payroll must be done manually, at some point, it becomes time-consuming with high accuracy requirements. This explains why automation is becoming increasingly popular: It speeds up the process and reduces human errors, ensuring equal pay for all workers. Order Payslips Online