what is payroll? & what are the elements of payroll?

Question Posted / shilpa

2 Answers
21966 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

what is payroll? & what are the elements of payroll?..

Answer / saswat barpanda

The sum of all financial record of employees' salaries,
wages, bonuses, net pay, and deductions is called payoll.

Weekly payroll

Element Description SAP GL Code
006 Normal hours ****01
007 Time and a half ****12
009 Double time ****13
026 Get Out allowance ****31
075 Dirt Money ****31
131 Holiday pay ****01

Variable monthly payroll

030 Script marking 210113
031 Exam invigilation 210114
034 Lecture/speaker fee 210121
035 External Consultancy 210130
036 Ad hoc Teaching Fee 210120
040 Temp Part time teaching 210119
302 Demonstrating 210102
305 Part time language teaching 210119
308 External Examiner PG taught fee 210109
310 Honorary Professors 210201
311 Open Studies fee 210101
313 Warwick welcome 210001
314 External Examiner UG fee 210111
317 Veterinary surgeon fee 210001
318 Transcription of tapes 210001
319 Fee 210001
334 Arts/Music Centre tuition 210034
335 Supervision 210105

Monthly payroll

001 Salary ****01
101 Holiday pay outstanding ****01
150 Merit pay ****01
401 Backpay ****02

Is This Answer Correct ?

17 Yes

2 No

what is payroll? & what are the elements of payroll?..

Answer / sai

Commonly called remuneration. Includes wages, commissions,
bonuses, overtime pay, pay for holidays, vacations and
sickness, payment for piece work

or

The payroll is the amount of money a
company/business/establishment pays its employees at any
given time -- sometimes every two weeks, or sometimes once
every month. For more information, see the Related Link.

Is This Answer Correct ?

11 Yes

5 No

Post New Answer

More Human Resources Interview Questions

Can anyone tell me how can i get benefited if I am an MBA(HR) with LL.B background?Do I have more opportunities than only MBA'S? If so which industry is best for me to utilize my degrees? Where would i get more opportunities?

0 Answers

what recruitment techniques will u adopt?

0 Answers IBM,

hi to all members who is reading this mes. i m an mba - hr & finance - fresher. i need some materials,interview q & a, how 2 prepare 4 interview. kindly, send me - if u have. my mail - mind.anizer@gmail.com with thanks & wishes...

1 Answers

What is Procedure to remitt provident fund and Employees State Insurance ? When and where to remitt? mention in detail.

0 Answers

Why should you consider yourself fit to be hired by JSPL? (max 200 words)jindal steel & power ltd

0 Answers Jindal,

Hii I pased my MBA HR through corespondance and I did my BSC (com sci) right now I am not in my country and I don't know any thing about HR because I passed my MBA just for passing now can any one tell me what should I do to get a job ? In which field should I go ? I have 7 months experience in HR but I don't think its working to find a job. pls suggest me what should I do?

0 Answers

what do you understand about Id , Ego & Super Ego ?

0 Answers

Difference between Training and Development?

51 Answers Infosys, Kalpataru,

Recruitment and selection of HR in HUL

0 Answers Hindustan Unilever Limited,

Several types of interviews are commonly used depending on the nature & importance of the position to be filled within an organization. Explain the different types of Interviews

1 Answers

What is Employee Morale?

1 Answers

what is vda full form ?

3 Answers

For more Human Resources Interview Questions Click Here