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what is payroll? & what are the elements of payroll?
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Answer Posted / 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 |
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