To explain: The use of tax rates data and the employee/payroll master data in the payroll process.
Human resource (HR) management and Payroll process:
Human resource management is about the basic human management functions in an organization and its associated activities. It also speaks about the relationship between human resource management activities and the payroll process. It also depicts the importance of HR activities in the decision making of the top management.
Chapter 14 Solutions
Accounting Information Systems