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Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127

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BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127
Textbook Problem

Discuss the significance of the employee/payroll master data in relation to the HR function and the payroll function.

Summary Introduction

To explain: The significance of the employee/payroll master data in relation to the HR function and payroll function.

Introduction:

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.

Explanation

The significance of the employee/payroll master data in relation to the HR function and payroll function:

In the payroll function, the data of an employee/payroll master data will be used for the authorization of the payroll event. It also provides many inputs like the pay rates, exemptions, deduction, and others. These data are required for the process of payroll processing...

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