Monthly Payroll Processing

✔ Monthly payroll processing refers to the process of calculating and distributing an employee's salary, deductions and taxes for a given month
✔ It typically includes tasks such as calculating employee hours worked, calculating gross pay, withholding taxes, deductions for benefits, and net pay.

✔ The process is important for businesses to ensure that employees receive their wages accurately and on time, and to comply with tax and labor laws.