PAYROLL/HUMAN RESOURCE CYCLE by arisa nadia https://padlet.com/arisanadia23/w94as4inghoi Accounting information system en-us 2019-04-01 02:17:14 UTC 2025-12-12 20:48:30 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Bigthunderstorm.png WOI anisamierayusri https://padlet.com/arisanadia23/w94as4inghoi/wish/346999809 1. M/S 341-343 = ALIFAH
2. M/S 344-346 = SITI
3. M/S 347-349 = NAD
4. M/S 350-352 = MARSHA
5. M/S 353-355 = AMY 
6. M/S 356-359 = ANNA



]]> 2019-04-01 02:32:45 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/346999809 PAYROLL CYCLE BUSINESS ACTIVITIES arisanadia23 https://padlet.com/arisanadia23/w94as4inghoi/wish/347000197
-System that deals with calculation and payment of remuneration to employees. 
-Carried out by payroll department or payroll section 
-Remuneration consists of wages and salaries.
]]> 2019-04-01 02:34:55 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347000197 The Components of the Payroll Cycle dheannashahierra https://padlet.com/arisanadia23/w94as4inghoi/wish/347000279 1) Employer
2) Time Recording
3) Payroll Preparation
4) Payments to employees

]]> 2019-04-01 02:35:29 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347000279 HUMAN RESOURCES MANAGEMENT marshawafaa https://padlet.com/arisanadia23/w94as4inghoi/wish/347001002  
1.Hard HRM 
*financially, hard-nosed 
*focus directly on  the bottom line. 
*Utilitarian 
*Privilege to management
 
2.Soft HRM 
*opposite to hard HRM 
*Use concept of developmental humanism 
*Assist employees to improve, expand experiences and education, rather than terminations. 
*regard all employees as assets that help to build a sustainable competitive advantage for the firm. 
]]> 2019-04-01 02:39:50 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347001002 🔌Internal Control Procedures🔌 dheannashahierra https://padlet.com/arisanadia23/w94as4inghoi/wish/347003419 i) Hire appropriately approved persons, in accordance with management criteria.

ii) Maintain time records and approve times worked by authorised person (sectional supervisor)

iii) Distribution of pay envelopes is to be done by responsible officer who identifies the recipient.

iv) Payroll registers are to be serially numbered.

v) Signatory of cheques is to check the payroll register before authorising cheques
]]> 2019-04-01 02:54:16 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347003419 MAINTENANCE OF EMPLOYEE DETAILS sitinazirahmustafa99 https://padlet.com/arisanadia23/w94as4inghoi/wish/347004985 •permanent details of employees -> employees register -> inspected by employee and Ministry 
•Any additions, deletions or changes -> should be properly authorised and approved. 
•Permanent information kept on a record card: 
*permanent records include personal details, details of terms and conditions of employment and details of wages and allowances earned during each wage period. 
•Payroll register and earnings records: 
*details of wages paid to date in current payroll period.
]]> 2019-04-01 03:04:54 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347004985 HUMAN RESOURCE MANAGEMENT AlifahSyafiqah https://padlet.com/arisanadia23/w94as4inghoi/wish/347005685  
• Responsible for hiring personnel 
• Advertises and assists in the selection process 
• Facilitates allocation of people 
• Involved in personnel development and performance 
• Employee discipline and terminations 
• Objective is nurture motivation to maintain profitability and flexibility for long-  term business survival by achieving: 
1. organisational productivity 
2. increased quality of work 
3. improved quality of working life 
4. statutory and legal compliance 
]]> 2019-04-01 03:09:37 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347005685 TAX COMPUTATION marshawafaa https://padlet.com/arisanadia23/w94as4inghoi/wish/347005806  
•US, UK, AUS ->Employer as tax collector ->withhold appropriate amount of tax from each employee’s pay
 -> pay to Inland Revenue. 

•Malaysia -> encouraged -> Monthly tax deduction (MTD) or potongan cukai berjadual (PCB) 
]]> 2019-04-01 03:10:30 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347005806 DISBURSEMENT OF PAYROLL anisamierayusri https://padlet.com/arisanadia23/w94as4inghoi/wish/347006625 2019-04-01 03:15:34 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347006625 A PAYROLL REGISTER marshawafaa https://padlet.com/arisanadia23/w94as4inghoi/wish/347007648 2019-04-01 03:22:15 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347007648 PREPARATION OF PAYROLL RECORDS marshawafaa https://padlet.com/arisanadia23/w94as4inghoi/wish/347007896
  • The permanent and current information provides the data for input to the payroll system and is used to obtain the output, which is the payment due to the employees.
]]> 2019-04-01 03:23:48 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347007896 PERMANENT INFORMATION marshawafaa https://padlet.com/arisanadia23/w94as4inghoi/wish/347008594
  • Employee's name
  • identification number ( payroll/clock number)
  • rate of pay 

* This information is provided by the HRM section or department.
]]> 2019-04-01 03:28:42 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347008594 DETERMINATION OF EMPLOYEE AUTHORISED DEDUCTION sitinazirahmustafa99 https://padlet.com/arisanadia23/w94as4inghoi/wish/347008918  
•In Malaysia compulsory deduction -EPF & SOCSO, encourage - tax deduction 
•may request deduct and remit periodically to an organisation on their behalf. Employer - collector on behalf of the external organisations  -must issue a schedule - show the employee’s name, ID numbers, amount remitted on behalf of the employees and the period of payment 
•Examples: 
  1. PCB – LHDN tax deduction 
  2. private medical fund payments 
  3. mortgage payment 
  4. Income zakat 
  5. Registered sociaties à union fees etc. 
]]> 2019-04-01 03:31:16 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347008918 💻 Computer Application System 💻 dheannashahierra https://padlet.com/arisanadia23/w94as4inghoi/wish/347009101 -> Saves clerical labour.
-> Reference to permanent records occurs electronically. (Saving enormous amount of time in the case of a large payroll)
-> Printing of pay advice can be automated by using a command. For example :-
i) coinage analysis (mode of payment)
(ii) the cheques (form of payment)
(iii) the bank advice giving particulars on employees' name, account number,and amount when bank transfer is the form of payment.
-> Employee's earnings record is updated automatically on completion of the calculation of the net amount payable for the pay period.
-> Payment summaries are printed by the computer from the updated employee earnings records.
-> Reduces clerical handling mistakes.]]> 2019-04-01 03:33:06 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347009101 CURRENT INFORMATION marshawafaa https://padlet.com/arisanadia23/w94as4inghoi/wish/347009645
  • number of hours worked at the normal rate
  • number of hours worked at overtime rate
  • sick leave, annual leave, long service leave 
  • commission
  • incentive payments

    • * This information is obtained from production department and the HRM department.
    ]]>     2019-04-01 03:37:06 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347009645     THE PAYROLL REGISTER marshawafaa https://padlet.com/arisanadia23/w94as4inghoi/wish/347012053
  • The payroll calculations are facilitated by using books or sheets of paper that are subsequently bound into books and stored for future reference. 
  • These books are known as payroll register.
  • The first four columns of the register are completed using permanent information.
  • Hours of work and commission/incentive columns (current information)
  • Allowances (either permanent of current information)
  • Deductions columns (permanent information except for tax)
  • The tax (Pay As You Go withholding tax) on gross pay is determined using tax tables provided by the Australian Taxation Office or computed using the formula provided by it. 

    • ]]>     2019-04-01 03:52:37 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347012053     anisamierayusri https://padlet.com/arisanadia23/w94as4inghoi/wish/347012881 SYSTEM FLOW CHARTS]]> 2019-04-01 03:59:24 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347012881 Disbursement of PAYG and other deductions anisamierayusri https://padlet.com/arisanadia23/w94as4inghoi/wish/347013591 The taxes deducted under the Pay As You Go(PAYG) withholding system have to be forwarded to te ATO by the stipulated due dates in order to avoid any penalties.]]> 2019-04-01 04:03:55 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347013591 📌Overcoming Payroll Irregularities📌 dheannashahierra https://padlet.com/arisanadia23/w94as4inghoi/wish/347013894 Common irregularities :-
    (i) Improper Recruitment
    • hired employee is subsequently found to be criminally minded.
    * clearly defining the required qualifications and skills in the position description.

    (ii) Noncompliance with employment law
    • workplace conditions should be maintained as per the workplace health and safety legislation of the relevant State.
    * requires employers properly notify employees of various provisions of the law.

    (iii) Unauthorised changes
    • being paid the wrong amount.
    *system should be designed with sufficient controls in place.

    (iv) Inputting the wrong data
    • theres inaccuracy in the original records and effect employee morale.
    * use programs that perform validity checks (include monitoring employee identities and conducting an input range check)

    (v) Inaccurate calculations
    • calculation errors in payroll processing
    * payroll is automated and the calculations are tested and thoroughly scrutinized.

    ]]>     2019-04-01 04:06:00 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347013894     EMPLOYEE EARNINGS RECORDS marshawafaa https://padlet.com/arisanadia23/w94as4inghoi/wish/347015098 It is necessary that details of the earnings of each employee over a certain period of time are maintained for the purpose of remitting tax and other deductions under authorisation from the employees and requirements of law.

    • These details are kept on an employee earnings record.
    • When periodical (i.e monthly) remittances are made of the authorised deductions, there has to be a remittance advice detailing each employee's contribution.
    • Information for the remittance is obtained from the employee earnings record.
    • the details on the earnings record are similar to those on the payroll register, except for the first columns.
    • These columns are replaced by a single column titled 'Pay week ending' where the date on which the week ends is recorded.

    ]]>     2019-04-01 04:13:12 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347015098     Issuance of payment summaries anisamierayusri https://padlet.com/arisanadia23/w94as4inghoi/wish/347016011 The amount of tax deducted from each employee's earnings by the employer and the total of their earnings for a year have to be shown on a summary statement.]]> 2019-04-01 04:15:55 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/347016011 HUMAN RESOURCE MANAGEMENT BUSINESS ACTIVITIES AlifahSyafiqah https://padlet.com/arisanadia23/w94as4inghoi/wish/354734640 2019-04-28 04:28:10 UTC https://padlet.com/arisanadia23/w94as4inghoi/wish/354734640